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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: wallstreeter who wrote (98179)9/21/1999 12:43:00 PM
From: Lucre  Read Replies (2) | Respond to of 119973
 
wallstreeter,

Give it a rest!

L



To: wallstreeter who wrote (98179)9/21/1999 12:50:00 PM
From: changedmyname  Read Replies (1) | Respond to of 119973
 
I have never hyped the potential for price of PRFM... with a pricing of $9 in its range, the stock is valued at over $8.

BUT, realistically... we all know that IPOs today, particularly Internet IPOs, are HOT. No matter how bad a pos they are (and imo, I don't think PF is a pos), they run... just look at the crap this past week.

So for every $2 premium on the IPO, it adds another buck.

Say it prices at $9, and opens at 50% premium to $13.50 (ver reasonable)... that brings the value of PRFM to over $10 easily.

Jason