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Microcap & Penny Stocks : PKDV
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To: DSPetry who wrote (89)7/13/1999 9:44:00 PM
From: GERBER   of 103
 
From RB

According to my conversation with GW Howell last week, he said there are about 4.8 million shares SHORT on this stock. Can you imagine what would happen if they ALL had to cover? He also said that they are looking at different alloys and such for the production and they may take a little longer to start production. A stall job? Maybe? He also told me that they will release something showing their credibility as related to the purchase of the Desert Inn in Las Vegas. They pulled out of it because the asking price was too high. It ended up being sold for $100 million less than what they were asking. I guess it will show that PKDV REALLY does have the financial backing to make it and that they were actually trying to pursue this venture. It shows they are a real company. Maybe that is what will be released next week. In my opinion it will be a non-event.
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