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Gold/Mining/Energy : Canadian Small Cap Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Ally who wrote (154)6/30/1998 10:58:00 PM
From: Kurt A. Altmann  Read Replies (1) | Respond to of 512
 
dt, do you have an opinion on this company:
undervalued company earning significant money this past quarter: (King Communication - KCI.V)

Company Profile
_______________
Company makes and sells products in the multi billion dollar radio
and satellite communications industry. Some niche products
include mobile radio units that transmit (dispatch) voice and text
to other members in group. Also intrinsically safe radio units for
use in sensitive mining environments. In addition to its own
proprietary products, it has distribution rights to other mfgrs
products (Mott., Nokia, and Westinghouse). Recent credit line
approval suggesting some bank approval.

Potential
_________
The company originated in Au, but has recently expanded into
North America. They were at one time the fourth largest two
way radio comm. company in Au, and are taking that success to
other geographies. I would think this could lead to growth
prospects.
They are currently engaged in a bid for large US Dept of Interior
RFP for which there were few competitors. Award is due out any
day.

Management
__________
Can't say much here other than co received the Telstra New
South Whales Small Business of the year in '96, which probably
(indirectly) supports a management approval rating. You may not
know of this program since it is for Australian businesses (which I
think they were exclusively at the time).

Stock
_____
My last records indicate 15 mil outstanding, 18.5 fully diluted,
current price is around .41. Small thread here on SI (search
under King Comm) tells the whole financial picture, and more
about prospects/business from a management perspective.

Lastly, there is a LOI to merge with a US company (SmartLink)
and be listed on NMS...