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Non-Tech : Planet Hollywood (PHL)

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To: Dominick Papas who wrote (61)6/28/1997 1:10:00 PM
From: TheInvestor   of 192
 
Nothing wrong with picking up 7 points. The question is how likely is
it going to happen. I measure a stock by its Comany's performance,
popularity in wallstreet, and professional (stockbroker's) opinions.
Company performance looks decent, popularity looks a bit low (example
the stock is not a topic of conversion on any stock area that I could see), professional opinion (well that looks strong) but you never know what is behind all that. Is it real, manipulation, or what? I place my confidense on the average investor's opinion. Which seems to be non-existant on this baby. One reason I was attracted to this stock was because its tie in to Hollywood and the big stars, hoping their success will reflect positively on the stock. I don't know if this mindset really proved out. I am not trying to dog this stock. Like you I am a bit more optimistic for my good, since I have been burnt in the past with an overly sense of optimism. But don't get me wrong, I sincerly hope it shoots up to the 30s.

Best of Luck,
Ben
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