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Microcap & Penny Stocks : PLCO Internet collectables, childrens toys...etc

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To: Al's Fun who wrote (818)10/30/1999 12:26:00 PM
From: Condor  Read Replies (1) of 1296
 
"why wouldn't plco make a general announcement to us all"
The press release qualified for that, didn't it????
Can't answer about the funds dedicated to Europe but even if they are, I believe it is common that some of the shares will be held back and retained by the parent Co. as an asset and eventually the success of the new IPO/Company will flow back to its owners and PLCO being one of them. This was done recently by IDTC as it spun off NTOP. Perhaps as PLCO owners we'll be issued IPO purchase rights although it would seem doubtful at this late date. This is all sheer speculation on my part but there will be interesting developments here. We'll see what others have to say, as I'm sure the chat will pick up over this.
Regards
C
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