Pallet Pallet Inc. Message Board

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Gold/Mining/Energy : Pallet Pallet Inc.

PPAL 60.10

0.0%

Sep 23 11:27 AM EST

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To: Quick Bucks who wrote (267)	5/29/1997 9:31:00 PM
From: Richard Nash	of 451

Considering the price of the stock, I will sit wait and perhaps even considering averaging down. The stock can rebound just as fast as it has declined. The last few quarters PLT has been either breaking even or loosing nickles and dime. I believe PLT still has enough assets to continue on for another couple of years. I would not be surprised if we saw PLT bought out or merge with a larger pallet company. PLT's best asset is clearly their customer base, remember they do over $100 million in revenue a year. Maybe its just wishful thinking, but I still believe PLT will return to profitability in 1998 or 1999.

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