FOUND THIS ON BOBZ
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PLFM post from AOL......
PROFIT TAKER
rahnk@epix.net
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Subject:
plfm from sowl
Date:
Thu, 4 Jun 1998 01:55:49 EDT
From:
TEK369@aol.com
To:
rahnk@epix.net
Subject: Greetings!
Date: Thu, Jun 4, 1998 00:10 EDT
From: SOWL
Message-id: 1998060404105700.AAA03865@ladder03.news.aol.com
Just returned from a five day fishing trip on the West Coast and it took a
while to read all the posts. For what its worth, I do change oil and mop
floors! I even do windows!
To those naysayers, I would like to say thankyou! Your efforts have driven
PLFM price down and have allowed me (and some of PLFMs partners probably) to
accumulate more stock. Did you ever think that maybe PLFM's partners
(lawyers) are intentionally creating this problem to buy in at deflated
prices? When you start playing with the big boys its a dog eat dog world.
Also, I would imagine that Howard is following the lead of ADC and others
(business
management group) at this point. After all, when dealing with experts its
best to defer to their expertise. Investor Relations is being replaced at
their advice. Press Release is being delayed presumedly at their advice.
Sure, as an investor, especially for you day traders and others looking for a
quick pop, not getting a release when you expect--or even when promised--quite
frankly is unacceptable. BUT for the long term holder, nothing has
changed in terms of fundamentals. Remember:
1. The initial test was EXTREMELY SUCCESSFUL
2. PLFM is working with MAJOR companies and agencies--ADC, JPL, TELESP, and
others
3. Negotiators have returned from Brazil and allegedly have received what
they wanted
4. PLFM has a commitment from MAJOR Investment bank for financing
5. Finally, and I have said this over and over, DON'T FORGET THE SPACE
DIVISION. The Space Division is headed by the likes of Skip Holmes, the most
decorated Vietnam War pilot, and Col Robert Ettinger, from Edwards Airforce
Base. These men, like ADC, JPL and others, are BIG PLAYERS. It is my
understanding that Howard and Skip Holmes will be leaving to close a MAJOR
deal with their JV partners (again some of the biggest names in aerospace)
within
the month!
So, pardon me if I am not worried by no release and am still accumulating! I
posted a while ago that without news of a signed contract we would see a
gradual erosion in stock price. Its only natural that people panic and lose
interest.
Howard, if you are reading these posts, good luck and hang in there. I'm sure
that if it was up to you we would have a release. Five years from now you'll
look back on these times and smile!
Good luck everyone.
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Wed Jun 3 11:15pm
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