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Technology Stocks : Plaintree (TSE:LAN,NASDAQ:LANPF)

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To: TechAlive who wrote ()6/19/2000 5:26:00 PM
From: pjd22   of 1606
 
Plaintree Posts First Profit in 10 Years!!!!

This is outstanding!!! This reflects well on management....the turnaround has begun. This is only the beginning folks. It looks like they have chosen to start this new leaf with the earnings PR and follow it up with continued NR's of bigger and better things to come. More NR's, an analyst tour, online and TV interviews are all in place to keep the momentum going.
This news will definitely garner a lot of exposure as it has so many have been watching for it. I would expect it to make most of the news rags and get considerable air play as well. We should also see more activity on LANPF as the US institutions put it on their radar after such a positive release.

My guess is that Mr. Misener has a pretty big smile on his face about now and his $5 prediction is looking very good. I can see this back over $3 in the short term especially with the summer rally that is just around the corner. Look at the markets today.....it's almost here!!!

Here's the link for the News Release

newswire.ca
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