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Non-Tech : KTTY Kitty Hawk - Air transportation. Long term goodie. -- Ignore unavailable to you. Want to Upgrade?

To: John Brickman who wrote (20)	3/19/1998 1:42:00 PM
From: Qualopec	Read Replies (1) \| Respond to of 51

Trading resumed. The stock was down in the 17's, but is now back up past 19. This news isn't so bad long-term, but I don't like the way the company was so secretive about it. In fact, I usually look to buy companies that take a share-price hit due to expenses from expansion. The logic is that you are paying less than before for a company whose earnings will eventually be much greater than before. I have done well with this strategy in QUIK and PETC, but in both those cases, I was buying at the bottom, after the hit. I hope KTTY can whip itself into shape and reap the benefits of the American International acquisition sooner rather than later. Justin