PNEC - Planet entertainment ready to spin gold Message Board

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.

Microcap & Penny Stocks : PNEC - Planet entertainment ready to spin gold

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim B who wrote (56)	4/15/1998 4:49:00 PM
From: rharris	of 221

For those that think the stock reflects the worth of the company they are not looking straight and haven't called the company....... The company is in a recession-proof business, it has been working for the past two years (that's when they started)to get to the point that they are finally at now.....it is not a hype stock, in fact, the company has been doing what "real" companies do - concentrate on building a strong foundation, strong financials and strong business associations and distribution channels...... Again - this is not a momentum stock, it is something that will develop over the next few weeks...if you flip from one stock to another you sometimes lose the opportunity.... K-tel the other day said they are going to sell their product over the internet (the site isn't even ready yet) the volume went from an average of 20,0000 daily to 4,000,000 shares traded - the stock went from $7 to $20! PNEC is building a company that will go in the same direction (IMHO). PE ratios for entertainment companies are 60X earnings......think about it....... They are aggressively buying distribution companies so that they can control the whole operation...... Major consolidations are a common occurrence in the entertainment industry (there is so much capital out there for purchases) think what could happen...... When the price goes up - it will go fast..... Richard

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next