Hello PFCK Fans,
A friend of mine asked me to check this stock out for him.
So I did.
Over the past 18 years, Peacock Financial Corporation has been involved in all aspects of real estate acquisition, development and management in Southern California. In early 1996 the company merged with a public shell company and has been trading on the Bulletin Board under the trading symbol of "PFCK".
>>> Warning <<< IMHO
The Eastside Reservoir, is a $3 billion project that will be the largest in Southern California. Peacock Financial Corporation is a master developer and home builder in the area, with a proven track record.
>>> Irrelevant<<< IMHO
Check out the website @ www.peacockfinancial.com
I have been attempting to gather a little information on the Hawthorne Group, Ltd. , and I have been unsuccessful. Do they have a web page? ( thanks in advance )
<<BILL JAMES Thursday, Mar 19 1998 4:39PM EST
$1.125 not bad. I am on my way to the Marriot in Huntsville, AL to meet Mr Peacock and learn more about the company. Anyone who can make it is invited, I will try to post what I find out tonite.>>
From: BILL JAMES Thursday, Mar 19 1998 9:38PM EST
Just got in from the meeting and I was impressed!!!! Mr. Peacock gave a detailed presentation of the company and was supported by Mr. Wendell Clemons a managing director of THE HAWTHORNE GROUP. This my friends is the crux of the association between the two. Hawthorne has 13 Billion in assets, they need somewhere to invest it. They have been associated with Peacock for several years, in order for them to do business to a large scale with a company, without the need for constant supervision and worry they want to do business with public companies because it provides several things, accountability, stockholder scruitiny and liquidity. When you take a stake in a private company there is not a gauge as to it's market value, with a public company all you have to do is look at the stock price. Mr. Clemons made it clear that Hawthorne is committed to do whatever is necessary to get PFCK listed on NASDAQ. This is a major plus to us. They also took questions from the audience of about 75 people and as always there is always one who is very determined in his questioning and this guy was a pro. He drilled them on every topic possible and all question were handled headon no sidestepping, I was impressed as were the other attendees. Mr. Clemons reiterated several times that Hawthorne evaluation of the pershare value of the contracts held by Peacock are a very small percentage of the present stock price. There will be a lot of buying in the morning and in the coming days as a result of this conference.
<<Mr. Clemons made it clear that Hawthorne is committed to do whatever is necessary to get PFCK listed on NASDAQ. >>
Can you be more specific, regarding the method, that Mr. Clemons will use achieve this goal?
<< Mr. Clemons reiterated several times that Hawthorne evaluation of the pershare value of the contracts held by Peacock are a very small percentage of the present stock price. There will be a lot of buying in the morning and in the coming days as a result of this conference. >>
The common denominator on this thread and the press releases regarding PeacockFinancial, is not the fundamentals, but merely the stock price. IMHO
Good Luck All |
