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Technology Stocks : Plaintree (TSE:LAN,NASDAQ:LANPF)
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To: TechAlive who started this subject10/1/2000 6:21:34 PM
From: pjd22   of 1606
 
LAN is an Easy Double

I said this before the last run up when the stock was at t his level and it ran up to $2.05 shortly after. The volume is over 500,000 shares for the second day. This is the same spike in volume we saw last time before the run up.
If you really think about it, LAN is an easy double at these prices. The strike price for the warrants from the PP is $2 and LAN has proven that they can get it to $2 when they want to. If you look back on the closing date to establish the $2 warrant price ( Mar. 29, 2000), they ran it up to $2 by the end of the day to ensure the maximum $ value to be raised if the warrants are executed. There is know way that LAN will forgo the additional $10 million that can be raised by not getting the share price back over the $2 mark. The warrants are good until June 30, 2001.

IT IS A NO-BRAINER FOLKS.....A GUARANTEED 100% RETURN AT SOME POINT DURING THE NEXT 9 MONTHS WHEN LAN DECIDES THEY WANT THE EXTRA $10 MILLION

Remember, this is the minimum return you will get if you buy now and I don't think it will take until June to get your double. By then I believe you will be looking at at least a triple or a Quad. With all of the extra coverage we are getting, hiring a new PR firm, analyst tours, trade shows, speaking engagements, and the new product coming out in December, we will see $2.00 again within the next 1 1/2 months. My expectations are to see it at $1.50 in the next few weeks and moving higher from there establishing new support levels with every move. This is the last chance that you will get in on LAN at these prices.

PJD
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