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Technology Stocks : Bidnow.com (Symbol: BIDN) was Auction TV (ATVW)

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To: interesting man who wrote (48)3/3/1999 10:57:00 PM
From: hoffy   of 100
 
PNTC is going to follow in the same path of BIDN. It just had it's first big day and it looks ready to fly a lot more. I think it'll get to 20 just like BIDN did. It was recently mentioned on CNBC as an up and coming internet company. It was mentioned in the same segment as CMGI. Pretty nice company. They will be applying for NASDAQ status shortly and will also be announcing some big deals with some major internet companies as was stated in their last release. The float is only 600K so it can move fast, even faster than BIDN. I think we'll get to 20 by Monday: Here's today's news release from them:

Planet America Inc. Vies to be the E-Commerce Platform of Choice for Projected $1.25 Trillion E-Commerce Market
BUFFALO, N.Y.--(BUSINESS WIRE)--March 3, 1999--Planet America Inc. (OTC BB:PNTC), in separate announcements made yesterday and today, revealed its General Site Rollout Plan and its Affiliate Program for National Sponsors and Internet Companies that together will leverage Pla.net's planned 1,200 Local Area Web(tm) (LAW(tm)) sites to attain annual revenues upwards of $46 billion over the next several years.

These two programs alone do not, however, encapsulate Pla.net's full potential. E-commerce is estimated to grow at an incredible pace, and in its bid to become the Internet's leading ''Infomediary'' -- an easy-access, user-friendly information utility designed for the dissemination of needs-based information, products, and services via state-of-the-art e-business(tm) and e-commerce solutions as well as revolutionary marketing programs -- Planet America Inc. (PNTC) is poised to take a dominant position in facilitating the Internet's ever-growing e-commerce pie.
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