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Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we?

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To: myturn who wrote (254)9/22/1998 11:33:00 PM
From: Warlock  Read Replies (1) of 3171
 
I'd like to thank both Kevinl and Reason for the terrific DD they've done on PLRP. I may have originally "picked" the stock, but both Reason and Kevin have done a far superior job communicating the benefits of the company to investors.

I was quite impressed with the release from PLRP. Keep in mind that this little company has no experience doing PR's. For their first release to the investing public, I'll have to give it 4 and 1/2 stars!!!

What folks must keep in mind is that the projected revenues in the release are only from De Beer's. It totally neglects the current revenue from current clients such as NASA. And the revenue achieved when the acquisition is finalized will add extensively to the company's coffers as well.

All in all, I think the stock price of PLRP has a long way to go before reaching fair value. . . think of PLRP as an iceburg. We've just discovered it, and it appears brilliant and shiny. However, we only can see 10% of the iceburg. The rest of this wonderful company has yet to be discovered.
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