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Non-Tech : Planet Hollywood (PHL)
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To: Peter Boudreau who wrote ()9/19/1997 4:32:00 PM
From: Quick Bucks   of 192
 
More info... PHII average broker recommendation as of yesterday is
1.2 (1=STRONG BUY 5=STrONG SELL). PHII has 5 strong buys and 1 moderate buy. This equates to screaming buy. I'm not hyping the stock, just trying to encourage whoever got in above $25 to average down now. I believe that this stock has hit the bottom and will rally soon with another announcement. Earnings are due out OCT 23 and forecast is $.24 (correction to my previous post). Let's start discussing more actively once again. < I promise to particpate this time >. According to one stock coverage site this stock is 50% OVERPRICED b/c of the category in which this stock is classified (themed-restaurants) but another site claims this stock is 50% UNDERPRICED for the same reason (if PHII is under the retail-sales group, that is what PHII's corporate backers want PHII to be known as "a global something something brand-new awareness something something ... blah blah" (read their news releases).

Hints: Q3 to be announced soon, news regarding recently announced hotel joint venture may be re-iterated, news regarding ITT/PHII hotel/casino venture hasn't resurfaced, all-star cafes are running at full speed. Everything seems positive so unless they bomb this quarterly report, we're in for a great ride to $28+ by december)

PLEASE DONT BUY ANY STOCK BECAUSE anyone on SI says so, do your own research!

QB

please respond, I welcome any comments.
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