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Microcap & Penny Stocks : KIK Tire - A U.S. "NO FLAT" Tire Manu. -- Ignore unavailable to you. Want to Upgrade?

To: Brad who wrote (296)	10/14/1998 2:11:00 PM
From: Brad	Read Replies (2) \| Respond to of 354

Well, one of our office investing group here just spoke to Don Dean re. our complaint that the sales are not 22 consecutive quarters of growth. He apologized that what they meant to be saying is that each of the last 22 quarters has shown an increase from the prior year. He says it is a legitimate mistake, and they will change/correct the wording in their next announcement. He sounded reasonable to me, so I believe him. He explained the gross profit fluctuations as due to the mix of sales. For example, the Carefree sales are at lower margins, but better volumes and little marketing. They project that they can become profitable within a year of getting the $2 mil financing, to be used for marketing and sales expansion. However, he does acknowledge that the slowing US economy will impact sales in 1999. Re Marion Taylor, the former IR consultant, he says that when they confronted her with proof that she was making negative comments about the co and mgmt to shareholders, she quit. He claims they asked her to stay on as IR and forget the financing, but she declined. Anyway, interesting stuff, but the bottom line is this stock is going nowhere for a year probably. Awful quiet here; what do others think? Brad et al