I like this company, but I do have a few points to make. It is good that they launched toyswhypayretail.com--I hope that playco.com is a replacement for this site, because I find (with all due respect) that toyswhypayretail is a very awkward name, which is difficult to remember.
Archie talks about ETOYS attaining a $200 million market cap. Actually, you're off by a few billion, Archie, old friend. They now have a $7 Billion market cap. It shows you what an on line toy company can achieve.
I think the key word to building PLCO's stock value NOW is an aggressive information program, and the acquisition of the savviest internet advice they can afford, either internal through new hires or external through consultants. Yes, I think management is aware of the many ways a higher stock price would benefit the company, in terms of the ability to raise capital, make acquisitions, etc. I am not sure, however, how savvy management is in this area--they seem pretty sharp, so let's hope we see some aggressive initiatives soon. Solid things, I mean; no one but day traders benefit from a few days' run up in the stock based on pseudo-news (I think you all have seen that in other companies, so you know what I mean).
I close with a cheer: GO PLCO! |
