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Technology Stocks : PLNI - Plasticon International, Inc. (Bulls Board)
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To: Pro_engineer who wrote (5491)6/26/2006 12:03:07 AM
From: VultureBuyer  Read Replies (1) of 8122
 
Ultimately it's going to be earnings, not audits and SEC filings, that move this stock upwards. Audits are just a second opinion of what we already know to be the aftermath of the fiascos of shipping substandard product in 2004, and lack of necessary manufacturing capacity in 2005. This company has no liquidity or share value left to make any more mistakes or run at a loss.

I'm still long the shares because I believe in the technology, and selling now would barely net me a dinner for two at a five star restaurant. But I'd rather hold and hope a larger company makes JT a buyout offer and an employment contract he can't refuse, because this stock will probably be dead money for some time to come. His corporate brand isn't just tarnished in the financial community; call it Wicklund, call it Plasticon, it's still completely rusted out.
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