Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Tony B who wrote (9298)	2/18/1999 1:53:00 PM
From: Chris O'Keefe	Respond to of 56537

All: KWIN: Kenwick Industries, KWIN, deserves a look in my opinion. The Pros: 1.) Small float, roughly 400,000 shares. 2.) Company already profitable. In their August '98 press release they predicted an annual EPS of .46/share. They are about to release the actual numbers in three weeks. If you call and speak to the CFO you will hear that there are no surprises (I'm personally expecting an EPS in the .40 range) and that the company is extremely undervalued at the current share price. 3.) Chart looks great of late. On no news and no PR push the stock has moved from .47 to $1.30 in the last 2½ weeks. All time high for the stock is over $7/share. The Cons: 1.) The company is not fully reporting right now (they're working on it). 2.) The two divisions that comprise the company are a strange mix: A language tape division (teaching English as a foreign language) and "Automax," an automobile financing division. Personally, I think the strange combination has scared away a lot of investors. Automax is 90% of the company's revenues, the tape division is 10%. I'm into KWIN right now, so thanks for letting me share about it. Regards all, Chris