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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value -- Ignore unavailable to you. Want to Upgrade?

To: Capitalism who wrote (244)	8/17/1998 5:01:00 PM
From: Stephen Goldfarb	Respond to of 1640

Thanks for the response and information. Steve

To: Capitalism who wrote (244)	8/17/1998 7:33:00 PM
From: JP390	Read Replies (2) \| Respond to of 1640

Looks like we had some conversions at the end of the afternoon...Well that's whatI'm assuming.What's your opinion?I missed the last couple hours of trading.

To: Capitalism who wrote (244)	8/17/1998 7:59:00 PM
From: Michael Graham	Respond to of 1640

Hi Capitalism, since you started this thread, several factors that are used to determine KAHI's book value have changed. Have you re-calculated KAHI's current book value and estimated book value, assuming the IPO is completed and the Potamac deal is consummated? I didn't include any book value estimates in the overview since I wasn't sure what values were accurate. According to the Yahoo Financial Glossary: A company's book value is its total assets minus intangible assets and liabilities, such as debt. A company's book value might be more or less than its market value. Is this how you calculated the book value used in the KAHI thread header? If you could recalculate the book value and post it on this thread it would be appreciated. Thanks, Mike