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Microcap & Penny Stocks : Kaleidoscope Media Group Inc. (KMGG)

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To: Gogo@SI who wrote (470)11/16/1998 10:45:00 PM
From: cpbbss  Read Replies (1) of 484
 
Your thoughts mirror many of my own. Most of those who were talking about the stock have become very closed mouthed during the last six months which to me means either that no good news exists or that the company slowed the many leaks which it had in the past. Notably, one broker who I know had been following and trading in the styock with very optimistic expectations and projections suddenly, without explanation, began suggesting an exit from the stock. Like, most expert opinions the average investor gets, it came after the price hit a buck. I remain cautiously optimistic, but have noticed that all porjections are regarding gross earnings. Nothing re: net---thus 4.5 may mean very little in after tax/after new investment expense.
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