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Microcap & Penny Stocks : Oxford-Knight International, Inc. OKTI

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To: bigbuk who wrote (33)5/28/1999 4:41:00 PM
From: Warlock  Read Replies (1) of 98
 
Bigbuk:

I dislike giving target prices. The market value of this stock is highly subjective. However, since you've asked for my SUBJECTIVE opinion. . . due to the information we have available, and due to the future value of spin-offs, I personally believe that this stock should be trading at a level close to $1. . . perhaps .80 or .90. However, I believe more information (regarding other mergers and acquisitions, etc) may become available within the next few weeks. When that info is made public, we may have a better gauge. .. and my guess is, with that information at hand, the fair market price would be significantly higher than $1. Once again, these are only my opinions. While I generally trade bulletin board stocks short term, I am holding OKTI for at least a moderate amount of time (a few months). I am attempting to accumulate stock towards the lower end of the spread, and am not very concerned about day by day fluctuations. Good luck.
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