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Microcap & Penny Stocks : PLFM - Undervalued with great potential

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To: PhilT who wrote (3351)6/12/1998 12:00:00 PM
From: mark g  Read Replies (1) of 9096
 
Phil T. I am also long on PLFM, however I don't share your disappointment. Of course I would rather have seen more specifics also, but considering the focus has been on Brazil, one of the world's top twenty economies with a rapidly escalating middle class, along with other S.A. countries, I'm inclined to think that this will only bring more attention to PLFM. Telebras has an incredible backlog of orders. Getting a phone is a true test of endurance. I believe there is a post on this thread detailing what Brazilians have to go through to get phone service.This is allto be resolved by the breakup of the state run phone co. The smart money has been buying Telebras for the last year and a half and I don't know of any other co. as well positioned to profit from this situation as is PLFM. The technical, practical and cost benefits over satellites is enormous. Although I share your disdain for the PR work (I have posted my thoughts on this), I don't view this latest PR as negative but rather an attention getter. Long with you on PLFM,mark
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