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Microcap & Penny Stocks : PFCK Gets $50 million cash infusion

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To: LPasko who wrote (441)10/2/1998 4:46:00 PM
From: Ryan Yu  Read Replies (1) of 716
 
The reason for this stock's fall I guess is the fact that Peacock experienced Lower revenues for the same time last year and extremely high administrative and home-building expenses. I hope the revenues outweigh these expenses by next quarter, if so, we should expect a nice upward trend in the stock price. As Douglas said, the company is reporting and Peacock seems to have a long term vision for his company. The sudden 1.47 shock however, was *not good* for the stock's reputation. Looks like there is a definite base at .0625 (1/16) where some institutional investor is waiting to buy shares in the hundreds of thousands.

Good Luck PFCKers.

5 of 5

P.S. I wonder what happened to Bill James and Mr. E.Z. MONY?

Ryan
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