"Off topic": Look at PLFM, the next big mover! Yesterday, PLFM moved up to 0.35 with a heavy volume. Here is why:
Subject: PLFM--Late Breaking News Date: Wed, Apr 22, 1998 01:15 EDT From: SOWL Message-id: <1998042205151900.BAA29364@ladder01.news.aol.com>
1. Well, looks like the cats out of the bag. Cyberwhispers has disclosed JV Partner and it is not a 1 billion dollar telecommunications company--it's a 4 billion dollar telecommunications company.
2. Talked to IR today, Todd, and learned that tests completed yesterday on plane and systems with great success. All is ready for final show for Brazilians. Success yesterday may account for rise in price today!!
3. Also, most buys over the last week are supposedly coming from one of PLFM's two partners. Looks like one partner, the one who provided PLFM with 3 million in additional funding recently, is making a play to gain a controlling interest in the company. Another investor group has been formed to try to buy a larger block to prevent takeover. Looks like those that hold their stock are going to make out quite well, both on Brazilian contracts, the upcoming Space Division, and now the battle for the float!
Do your DD! Go PLFM and DGIV!
Fuza |