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Non-Tech : KIDE- Low Float, Nice Financials ??

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To: Quad Sevens who wrote (112)11/30/1998 6:40:00 PM
From: Bo Didley  Read Replies (1) of 227
 
Comment on share price when Market Fell

The Dow fell 216 and the Nasdaq fell 67 points.

KIDE closed down 7/8 at $12.

Today shook out the weak investors. At the same time,
value oriented investors jumped on the opportunity to
buy some cheap shares which rebounded the stock price.

The price of a stock, imo, is event driven. What is
pulling KIDE higher is the earnings expectation of $0.48/share.
This expectation is with us, regardless of the general market
conditions.

bo
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