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Non-Tech : KKRO Koo Koo Roo -- Ignore unavailable to you. Want to Upgrade?

To: battle beast who wrote (380)	3/31/1998 8:48:00 AM
From: Jim P	Read Replies (2) \| Respond to of 479

Hi BB, I agree with your analysis.Just imagine the effect of releasing the financial news first.It seems that some would like to believe this rally will continue.I am betting it won't. What we now have is the same company with a new CEO. I have confidence in Mr. Chrysler and believe in time he will turn KKRO around. I am not prepared to wait and such sold yesterday. Jim P

To: battle beast who wrote (380)	3/31/1998 9:06:00 AM
From: Mama Bear	Read Replies (1) \| Respond to of 479

>>>I noticed that no one in this thread mentioned anything about that KKRO also announced its year end earnings last night. <<< I posted a link to the report. >>>By doing so, it gives the insiders a chance to dump their shares yesterday. <<< Umm, you are just speculating, right? I don't see any 144s files on Edgar recently. edgar-online.com >>>A total of 28 million shares were traded yesterday, that was more than the total shares outstanding<<< Well, Nasdaq double reports, and there is trading between mm's, so it was probably closer to 10-12 million. Then you have to account for the daytraders, who were buying and selling repeatedly yesterday. >>>I like to hear from the thread if anyone agrees with my theory, or the good news is so overwhelming that the bad news is expected and insignificant.<<< At this point the market does not agree. 3 13/16 bid, and 90,500 shares traded mostly at 3 3/4. I agree, the fundamentals are crap. I almost shorted this stock at 6 1/4 (pause to cry for lost opportunity), not sure why I passed. I think you'll see some profit taking after the open, but the fact is that the losses are in the past, and it was mostly due to bad management. This shows the company is intent on turning around, and deserves to be revalued higher than it is now. Barb