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Gold/Mining/Energy : Pallet Pallet Inc.
PPAL 60.100.0%Sep 23 11:27 AM EST

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To: Cyber Bill who wrote (7)1/4/1997 1:48:00 AM
From: Richard Nash   of 451
 
Simple, they took on to much debt and to many employees and warehouses across North America, to quickly ! They thought they could grow by acquiring their competition !! Now they have sold off the assets that were loosing money, reduced the number of employees, and decided to grow through forming exclusive long term agreements with other companies and of course building their client base!!! I think this company will show some nice profits this year !!!

The stock is starting to pick up in volume and is beginnig to nicely increase in value, within less than two weeks its gone from lows of 33 cents to highs of 41 cents. Nice steady and continous growth is what I like !!! This stock is going to continue UP !!!!!!

P.S. PLT is also a lot safer than playing the junior gold mines !!!
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