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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: LAWRENCE C. who wrote (21568)	10/24/2000 7:04:27 PM
From: Ken W	Read Replies (3) \| Respond to of 29382

Larry: SNAP's present condition. With all due respect I don't think you must have read the SEC filings on SNAP. Vector Vest is a value tool, but if you have noticed it seems to follow the tide of the price rather than the FA of a stock. Case in point..When KIDE (KDE) was trading at 24, vectorvest rated the stock value at 55 and recommended a buy on the stock...KDE is now in the lower teens with increased cash and earnings. SNAP continues to burn cash with reduced revenues and higher losses. From Aug of 99 to Aug of 00 the outstanding has increased by about 10% confirming the company's statement of selling shares as part of income. PRU is no longer covering the company, licenses are and have expried with the larger pharma companies. They have been laying people off over the last year while the CEO has increased her compensation from 200k to 400k per year. I don't think this is going to be a big turnaround company Larry. Ken