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Microcap & Penny Stocks : PINC - Planet City -- Software and Services -- Ignore unavailable to you. Want to Upgrade?


To: Jim Parker who wrote (1460)8/10/1999 7:46:00 AM
From: tonto  Respond to of 1754
 
Started By: Doug Eickerman
Date: Jul 17 1998 2:18PM
Heres a small, undiscovered software company for $1 which is about to make big waves this month in the Y2k arena with the release and sales of a HOT NEW PRODUCT. My one month price target is $10- the potential is here for a 10-bagger in a very short time.

Planet City is about to start rolling in the revenues over the next month with the pending release of their "Millenium Bug Kit" software- the ONLY software that IDENTIFIES and SOLVES the Y2K problem for PC's. Last I heard was it was going for 30 bucks a pop to institutions(latest 10K order valued at $300000), and $49.95 retail.

Planet City has targeted August 3 as the release date, but it may come sooner. Sales teams have been lined up and are focusing on institutional sales. Interest in the product is very high. I heard the sales teams have already contacted the IRS and major banks, and huge 100,000 plus orders are ready to be finalized and announced. The negotiations with the major internet provider could send the stock to $10 alone- an AOL announcement could send the stock to $20
overnight! Then big retail sales will start next year.

There is only about 2 million floating shares(officially 2.5) out of a total outstanding of 14 million. The important thing is nobody is in under .75, and there is a short interest that has depressed the stock under $1. Selling pressure at a buck or less(where it is now) is NIL.

Heres an overview:
planetcity.com

Contact at the company: Greg Craft 1-800-219-8785 (Be patient- his plone has been ringing off the hook lately)...

Jim, hopefully your take on it is correct. It came across very poorly to me and I want to learn more. It is normally very difficult in the penny world to seperate the personal note "No, it was a personal message from Greg Kraft to loyal supporters of the Company. and from the
corporate involvement "As for Greg Kraft, and this again is my opinion, he recognizes the true growth potential of PINC, is proud to be associated with this Company,"...

Can he be reached at the company's listed 800 number in the header of this thread?

I think Jeffrey may be right.



To: Jim Parker who wrote (1460)8/10/1999 9:54:00 AM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 1754
 
Jim, in the few times I've asked Terry a question or two about PINC, I've found him to be very reserved about what he says. Heck, even when I used to ask Terry about his visits to various Y2K companies he'd pretty much say "what I wrote on SI is everything I can tell you". Mind you we're talking other people's companies here!

The point is that it was obvious to me that what Greg Kraft wrote, enthusiastic or not, was not something I know Terry would have approved. I'm not saying it wasn't factual, mind you, just that I'm sure Terry would have preferred to disseminate good news in a more tempered, level-headed way. With OTC:BB stocks, image sometimes can be as important as substance.

- Jeff