SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Pacel (PLRP): If NASA likes them, shouldn't we?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: barbara sperino who wrote (290)9/24/1998 12:10:00 AM
From: Judith  Read Replies (1) of 3171
 
I have been reading this thread and watching the stock for a few days trying to decide whether to invest. After reading the news release, I decided not to invest at this time.

Many of the posts are questioning why there wasn't a positive reaction to the news release. For what it is worth, here is my reaction.

The only concrete news stated in the release was an agreement to market and distribute the software. Not one single sale was announced. Being on a short list in South Africa does not mean a sale. The fact that the software is certified for Nuclear Power Plants and has been used by NASA isn't announcing new sales/revenues. Stating that there have been lots of inquiries does not translate to dollars. Projections are just that, projections, but not revenue. Talks with other distributors and vendors are talks, not sales or revenue.

Details of the product were given. However, I doubt most people reading the release had any idea what the description of the product features meant and had no appreciation why those features were advantageous. This read more like a sales pitch than company news.

I am not criticizing this company. I will continue to watch it and see if they start having concrete sales and revenue. I just wanted to present another view as to why this release did not cause a jump in the stock price.

Good luck to all investors.

Judith
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext