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Microcap & Penny Stocks : K2 Design, Inc. ready to break out?!! (KTWO) -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (212)5/2/1998 10:38:00 AM
From: Hari Abhyankar  Read Replies (1) | Respond to of 385
 
Joe,

I sent them a follow up e-mail with questions that ask for more specific details. I will post their response as soon as I get it.

Thanks,

Hari



To: Joe Copia who wrote (212)5/6/1998 1:26:00 PM
From: Hari Abhyankar  Read Replies (2) | Respond to of 385
 
IMPORTANT: K2's response to a follow up e-mail

X-Sender: investor_relations@k2design.com (Unverified)
Date: Wed, 06 May 1998 10:26:16 -0400
To: hsabhyan@MIT.EDU
From: Investor Relations <investor_relations@k2design.com>
Subject: RE: Concerned investor (attn: Investor Relations)

Mr. Abhyankar:

Your e-mail regarding the twelve 144 filing's was recieved, and passed on
to try to answer your questions in a manner acceptable to the company's IR
policy, which is to not hype, interpret, speculate or project on any
subject regarding the stock. Your basic questions were:

>1. Why would your investors want to sell . . .
>2. What percent of the total holdings do the planned sales represent?

We have no way of determining the answer to the first question since the
144's listed represent a minority number (12) of the original, passive,
pre-IPO private placement investors who agreed to a one year lock-up after
the offering in July of 1996. With one exception, none have a formal
relationship with the Company. As to the second question, with the
exception of one person (who sold 11% of thier total KTWO position), most
held a position of less than 1% in the company.

This information can be derived from the Company's public filings and press
releases, most of which can be accessed through K2's site:
k2design.com, and EDGAR:
sec.gov

Thank you, again, for your on-going interest in K2.
--
Investor Relations
K2 Design, a Full Service Interactive Agency
55 Broad Street, 7th Floor
New York, NY 10004
212-547-K234 (v), 212-968-0067 (f)
k2design.com