PLCO Internet collectables, childrens toys...etc Message Board

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

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To: Investor Clouseau who wrote (1054)	11/23/1999 10:47:00 AM
From: Investor Clouseau	Read Replies (1) of 1296

PLCO being severely undervalued. This from today's news release; >>>Toys sold 2 million shares, or a 16.7% interest in Toys, in the IPO for gross proceeds of approximately $27 million. The offering was priced at 13 Euro per share, which was the top end of the price range. The 13 Euro share price is approximately equal to $13.52 per share. The 13 Euro share price represents a post-IPO valuation of Toys of approximately $162 million. Play Co. Toys retains majority ownership of Toys with a 58.4% equity interest in the subsidiary and, as a result, will continue to consolidate Toys' operations in its financial statements.<<< Toys (PLCO) still unnoticed and valued at approximately $6 million currently. Sheesh, only a 30 bagger! No wonder nobody wants it! :) IC (very glad there is no logic in the market sommetimes!)

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