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Microcap & Penny Stocks : PKDV

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To: Tom Swift who wrote (15)6/10/1999 4:57:00 AM
From: momojoe  Read Replies (2) of 103
 
Have to agree with Tom -- the whole story is pretty far-fetched..
Why would a Chyane Yan award a billion dollar contract to a little BB company, that (yesterday) had a market cap of 7 mil?..The way the release is written, there are NO definite commitments, but lots of wiggle room. The only hard fact is that the Taiwanese govt will pay five thousand bucks UPON installation of each device. If the devices never get installed, then the POTENTIAL billion dollar contract is worth zilch.. Common sense should tell you there ain't no way a tiny company like that could ramp up to fulfill anywhere near 300,000 units...It's a nice fantasy (we won the lottery), but as for the reality -- I'd sell on the open before everyone wises up....
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