To: Andrew Vance who wrote (13521 ) 5/1/1998 3:54:00 PM From: Steven Messina,L.M.T. Read Replies (1) | Respond to of 17305
One may wish to keep an eye on KNIC this upcoming week....up 10.5% on 4X average daily volume. I'm in 1,000shs @ 5 1/4. It is my educated guess the most recent trading activity has much to do with Knickerbocker's 31% stake in Ontro, Inc. They are due to IPO within the next ten business days days (May 15th)...although you wont find that tidbit ANYWHERE , such as IPO Central. I feel KNIC will spike up another 10-15% on the IPO. >>>A 31% position in both Insta-Heat, Inc. and Ontro, Inc. (formerly Self-Heating Container Corporation of California), bridges the Company into the realm of consumable goods and packaging a $15 Billion a year business. The Insta-HeatTM containers heat their contents to a specified temperature in a specified temperature in a specified time with the simple push of a button. The design won the 1995 Product of the Year award. The Company sees this innovation as timely, with licensing agreements allowing the Company both exclusive and non-exclusie rights to market this and other product developed in the future.<<< And that's not all...check out the Pure Energy News: >>>The Company has a 36% position in Pure Energy CorporationTM ("PEC"). PEC has developed an alternative fuel that meets the demands of government mandates (the Energy Policy Act of 1992 and the Clean Air Act Amenment of 1990) that set forth stringent emission standards and vehicle purchase requirements for state and federal fleet customers and eventually a broader segment of the motoring public. The proprietary Fuel is designed to be clean-burning, largely renewable, potentially cost-competitive with gasoline and usable in new and existing flexible-fuel vehicles. The initial target market for the fuel is 1% of the U.S. market for gasoline . . .1.2 billion gallons of Fuel annually.<<< This can be an excellent daytrading opportunity over the course of two weeks, as well as a Blockbuster long term hold. Oh yea...and another tidbit...Pure Energy's P-Series fuel will be showcased on Ed Begley Jr.'s television show "Today's Environment." The PEC segment will be broadcast on Sunday May 3rd at 3:00 PM Eastern time on CNBC. I expect a decent POP on monday. Now back into the woods I go.... Boi