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Microcap & Penny Stocks : Kelly Oil (KOGC) -- Ignore unavailable to you. Want to Upgrade?

To: oilstks who wrote (17)	3/21/1998 6:26:00 PM
From: wolfdog2	Respond to of 50

InsiderTrader reports that a KOGC director recently purchased 20,000 shares at $2. Hope he wasn't just throwing his money away. <g>

To: oilstks who wrote (17)	4/3/1998 8:03:00 PM
From: oilstks	Read Replies (1) \| Respond to of 50

The following was posted on the Yahoo KOGC board ==================================================================== Great Buy Silverado31 Apr 3 1998 7:28PM EST Im really glad to finally see some optimistic opinions being posted. I wont predict the future, but I personally know a member of KOGC's upper management. This team of managers WILL do what it takes to return this company to a very profitable state. This team inherited a company driven into the ground by the previous management. Senseless additional stock offerings, heavy debt, and false rumors led to the stock price crash from $25/share to $1/share. I see pessimism and fear regarding the company's future activities, but we must remember that we are dealing with an entirely different management team, with proven track records. Each member of management is heavily vested in company stock and basic psychology will tell you this is the most effective way to motivate employees towards performance. You may see a good % of return in the near future, but your best bet (in my opinion) is to hold on for the longer haul. The company had its first profitable quarter (1st Qtr '98) since '91, so we are just now beginning to see the effects of the overhaul. First Albany predicted $6/share by years end. I plan to hold on for several years with the intent of seeing $20+/share. Im convinced it will happen, but you must be patient. KOGC: Q