K2 Design, Inc. ready to break out?!! (KTWO) Message Board

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Microcap & Penny Stocks : K2 Design, Inc. ready to break out?!! (KTWO)

KTWO 27.50

0.0%

Nov 9 4:00 PM EST

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To: POLETO who wrote (353)	4/1/1999 4:34:00 PM
From: sks1	Read Replies (1) of 385

If I read the quarterly statement correctly, they have 196,000 shares of 24/7 corp on the books at cost. Current market is $52 per share representing approx $39 x 196,000 shares unrealized equity. This may be the only internet stock that has an actual book value that approaches current market value!! With a mkt cap of less than $10 million this stock could make a nice move as long as TFSM holds above $50. Any thoughts on this? sks1

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