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Microcap & Penny Stocks : PLFM - Undervalued with great potential

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To: BishopsChild who wrote (7230)3/5/1999 9:59:00 AM
From: Telemarker  Read Replies (1) of 9096
 
In all fairness, I would say that the receipt of approval from the Ukraine and the finalization of a partnership agreement with the Russians are substantive developments. Hope this paves a clear path for the bank financing. When that happens, I'll order the videotape to learn more about this part of the business.

In respect to PICTEL, I note the "U.S. material business transactions in process of finalization" in addition to Brazil and Scandinavia. Yes, I know we have been waiting for what seems like a long time. I'll remind myself here that these are big ticket (and as of yet commercially unproven) items that PLFM is trying to sell here, and it thus stands to reason that such sales would take time (especially Brazil, with such a fluid economic and financial climate). We're not talking about selling books and CDs here.

Best Regards to all.
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