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Microcap & Penny Stocks : Kaleidoscope Media Group Inc. (KMGG) -- Ignore unavailable to you. Want to Upgrade?


To: Gogo@SI who wrote (470)11/16/1998 10:45:00 PM
From: cpbbss  Read Replies (1) | Respond to of 484
 
Your thoughts mirror many of my own. Most of those who were talking about the stock have become very closed mouthed during the last six months which to me means either that no good news exists or that the company slowed the many leaks which it had in the past. Notably, one broker who I know had been following and trading in the styock with very optimistic expectations and projections suddenly, without explanation, began suggesting an exit from the stock. Like, most expert opinions the average investor gets, it came after the price hit a buck. I remain cautiously optimistic, but have noticed that all porjections are regarding gross earnings. Nothing re: net---thus 4.5 may mean very little in after tax/after new investment expense.



To: Gogo@SI who wrote (470)11/17/1998 12:44:00 AM
From: jean1057  Respond to of 484
 
hello Georgios, I agree with your assessments wholeheartedly....I get the feeling that we are getting "suckered" here....last time when I was in Switzerland I saw some "Investment letters" that recommended this stock at 2$ +...then we had this company in Zug Switzerland who invested into Kmgg...bought 20% of the stocks...?? never heard anything anymore about that...then there were many earnings projections in the last 12 month...none come true yet???
then the listing in Germany..was it Berlin or Duesseldorf exchange???
there wa a Merlin movie shown on ABC a few month back...but sure not theirs...was from Disney....I have still 2000 shares which I bought over 2$...well have already written it off...this is just my humble opinion of course...I just would not recommend this stock to a friend..I know I'll be bailing out as soon as I break even or the loss gets acceptable.....too many "ungereimtheiten" eh..