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To: Jack Be Quick who wrote (21215)5/3/1998 2:26:00 PM
From: Broken_Clock  Respond to of 95453
 
Thanks....these are the type of investments I am looking for. I expect interest rates to cycle back up eventually. When they do I would like to be IRA invested in 7-10% dividend return instruments with energy backing(oil, NG).Pipelines are OK too!



To: Jack Be Quick who wrote (21215)5/4/1998 5:36:00 PM
From: Bob Davis  Respond to of 95453
 
The Napeague Letter has been following KAB for over a year, since February 20, 1997 when its price was $3.50 a share. An in-depth Analysis of KAB can be found on the Napeague web site at napeague.com .

In all honesty, I don't know what exactly caused this move today. The latest news from the Company was good, but it is now about a week old. I contacted the Company late this afternoon, but was unable to reach the CFO, but instead talked briefly with the new Director of Investor Relations, Jeff Mitchell, whose first day was last Friday. He was not able to provide me with any rationale for the move, other than the obvious one, which is that KAB is a solid, yet undervalued, Company.

Bob Davis
The Napeague Letter
napeague.com