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Microcap & Penny Stocks : KCAP - Key Capital Corporation -- Ignore unavailable to you. Want to Upgrade?


To: zgoodman who wrote (52)8/31/1998 7:06:00 PM
From: Boob  Read Replies (1) | Respond to of 459
 
Oh, you did buy Crystal....looks like that may have been a wise move, depending of course at the price of the shell that Crystal will be merging into.....you say you talked to IR today and they said it will be delayed further....any idea how much longer? I was under the understanding that they had found a perfectly "clean" shell and it was just a matter of signing on the dotted line so to speak. But many times with shells, things become known as you dig into the shell a little more; if they found something that wasn't kosher with the shell, i say thumbs up for pulling out of the deal before it was too late. Hope the delay is only a short one

Boob...impressed with yet another good press release today

BTW have you all noticed the steady decline of Eagle (EGVRD)??? KCAP owns 200,000 EGVRD I believe and the price has come down 70% in the past few weeks....Eagle is supposed to be receiving their financing very shortly



To: zgoodman who wrote (52)9/1/1998 1:36:00 AM
From: DueDiligence  Read Replies (2) | Respond to of 459
 
Zack, pick up September's issues of Money and Individual Investor and last month's Smart Money - all have excellent articles on Internet stocks and why they trade so hot. Yahoo up 400% in the last year alone; DoubleClick from $17 to $41 in six months. Most of these have come off a bit in recent weeks, most notably Amazon.com which tumbled over 22 dollars today... and still trades at over $83...

Scary. With Internet stocks, the analysts talk earnings in multiples of 50 (fifty). Whew... Even a company like Amazon.com, which won't show a profit for many years to come, attracts investors and analysts alike.

Why? Membership. Yep, it's all about who, and how many, is in your database. AOL recent released figures that placed a "value" of $700 for each and every member. I've read cable and video company figures that placed $100 - $150 per head, but $700!

Bottom line... Even if KCAP failed miserably, and only achieved a tenth (1/10th) of their 5 million member goal (500,000), that would still be a $50,000,000 value at only $100 ea.!!! Then divide that figure by shares outstanding (50MM/17MM) = $3.00/per share, with no consideration from any of their other profit centers.

I'm in the wrong business. Go Internet & GO KCAP!!

DD