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Microcap & Penny Stocks : PFCK Gets $50 million cash infusion -- Ignore unavailable to you. Want to Upgrade?

To: LPasko who wrote (57)	3/19/1998 9:38:00 PM
From: BILL JAMES	Read Replies (1) \| Respond to of 716

Just got in from the meeting and I was impressed!!!! Mr. Peacock gave a detailed presentation of the company and was supported by Mr. Wendell Clemons a managing director of THE HAWTHORNE GROUP. This my friends is the crux of the association between the two. Hawthorne has 13 Billion in assets, they need somewhere to invest it. They have been associated with Peacock for several years, in order for them to do business to a large scale with a company, without the need for constant supervision and worry they want to do business with public companies because it provides several things, accountability, stockholder scruitiny and liquidity. When you take a stake in a private company there is not a gauge as to it's market value, with a public company all you have to do is look at the stock price. Mr. Clemons made it clear that Hawthorne is committed to do whatever is necessary to get PFCK listed on NASDAQ. This is a major plus to us. They also took questions from the audience of about 75 people and as always there is always one who is very determined in his questioning and this guy was a pro. He drilled them on every topic possible and all question were handled headon no sidestepping, I was impressed as were the other attendees. Mr. Clemons reiterated several times that Hawthorne evaluation of the pershare value of the contracts held by Peacock are a very small percentage of the present stock price. There will be a lot of buying in the morning and in the coming days as a result of this conference.