Rande Is. . .FISHING. . [under $1.50] Message Board

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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: HandsOn who wrote (880)	3/3/1999 10:21:00 AM
From: Rande Is	Read Replies (1) of 4766

No, Hands. . .I don't. . tho it will probably go up on the news. . PLCOP is the better play for anyone wanting in late. FILM owns a portion of PLCO and is merely a holding company with a few family members. . that is all. They will definitely make some dough as they have been for their management contributions, etc. But PLCOP, the preferred is convertible into 6 shares of common by the end of the year, according to the SEC filings and according to the company in numerous phone interviews. I'll bet I called 3 times just to say, "are you SURRRRE these preferred convert into 6 shares of common?. . .because they sure are cheap if that's the case." They agreed they were very cheap, but assured me that my information was correct. The PLCO thread has a discussion of the preferred and the warrants. . .which convert into preferred [not common] shares. Rande Is

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