Pallet Pallet Inc. Message Board

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Gold/Mining/Energy : Pallet Pallet Inc.

PPAL 60.10

0.0%

Nov 7 9:30 AM EST

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To: A. Martin who wrote (244)	5/15/1997 12:18:00 PM
From: Richard Nash	of 451

I'm still holding, with no intenetion of selling anytime soon ! PLT is not operating a corner store, but a multi-level corperation that is spread out across North America. It takes time to bring about change and restructure. They have been sticking to their business plan and I believe its just a matter of time they will return to profitabilty. Why has the share price slipped ? A lot of short term speculators invest in PLT. When nothing happens in a month or two they dump their stock and move on. I beleive when PLT does make a profit the stock will rebound like a rocket. We must also remember that a lot of penny stocks have declined in price over the last month, PLT will rebound in my opinion. I do not believe we will see a profit in the next quarter, but simply a break even.

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