PINC - Planet City -- Software and Services Message Board

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Microcap & Penny Stocks : PINC - Planet City -- Software and Services

PINC 28.20

+0.1%

11:12 AM EST

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To: ztect who wrote (921)	11/12/1998 7:17:00 PM
From: Tom C	Read Replies (2) of 1754

ztect, In the context of the analyst's report, his statement of an high end cost neither validates or negates what has been analyzed. Should the analyst have said that "on average" LOC costs about $.90? Does the figure stated really factor into the marketing of this product? In a word, no. However the analyst's statement is not referring to the product. It is in context, referring to consulting. Although the company does not expect to receive a significant amount of consulting business prior to year end 1998, it has begun marketing its consulting services by inserting a card within each box containing its MBCK product advertising such services. The current amount that can be charged for remediating one line of code can be as high as $9.00 per line, and can be reasonably expected to increase considerably the closer we approach the year 2000. So how many Y2K consultants do they currently have on board and what kind of expertise do they have? My guess is none and none. So you are right the charge per line is immaterial. The company did not write the software, so they have no real expertise in this area. I assume they have no Y2K "consultants" because of this statement: The company anticipates providing quality services and remaining competitive as to pricing by exploiting the lower human resource costs in countries such as India, China and Russia for the consulting segment of the business. If they had any established relationships with any consulting resources in China, Russia or India, they would be mentioned. In my book, the quoting of a 9.00 soon to rise per LOC, is what we call blowing smoke. Typical stuff from paid "analysts" especially those paid with shares. Tom

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