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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: SSP who wrote (15107)	11/24/1999 2:58:00 PM
From: Chris K.	Read Replies (1) \| Respond to of 150070

Anyone know KWND ?? (COMTEX) B: KENETECH CORPORATION TO REPURCHASE 2,000,000 SHARES OF IT B: KENETECH CORPORATION TO REPURCHASE 2,000,000 SHARES OF ITS COMMON STOCK SAN FRANCISCO, Nov 24, 1999 /PRNewswire via COMTEX/ -- KENETECH Corporation (OTC Bulletin Board: KWND) announced today that its Board of Directors had authorized the buyback of up to 2,000,000 shares of its common stock. The program will continue until the Company acquires the 2,000,000 shares or until September 30, 2000. (Photo: newscom.com ) SOURCE KENETECH Corporation (C) 1999 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Mark Lerdal of KENETECH Corporation, 415-984-8513 /Photo: NewsCom: newscom.com AP Archive: photoarchive.ap.org PRN Photo Desk, 888-776-6555 or 201-369-3467 (KWND) GEOGRAPHY: California INDUSTRY CODE: CPR SUBJECT CODE: OTC * end of story * They are a reporting company. They have 39,919,218 o/s (assuming the 2 million buyback). For the 9 months ending Sept. 30 '99, they had a PROFIT of 0.77 per share. The company presently trades at .59 X .62 ? What am I missing here ? CK.