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Microcap & Penny Stocks : PNEC - Planet entertainment ready to spin gold -- Ignore unavailable to you. Want to Upgrade?

To: K A Anderson who wrote (36)	4/13/1998 8:08:00 PM
From: Novice Bob	Read Replies (1) \| Respond to of 221

KAA: You should find Mr.Giakas very interesting, he stated he had a Wall Street background. He came off as having a great deal of market savvy and I am sure you will enjoy speaking with him. I found him to be very much business oriented verses coming off as your typical entertainment deal maker. He was telling me what he looks for in a client prior to discussing a any potential deal. What was more interesting was that he made it clear he was choosing who he would do business with and he has several contracts currently under negotiation with companies qualified and capable of consummating and fulfilling their contracts. My sense is he is not a "risk taker", absolutely not one to hype and does his homework. I was watching CNBC in my office while speaking with him, and he happened to mention that CNBC was currently covering a hot story about K-Tel. A business similar to PNEC, and he said this is indicative of the entertainment business, the market is currently very strong and relatively recession proof, good times or bad, it is a profitable business to be in. This guy seems to really know how to run the company and, I feel, has some surprises up his sleeve to cause the value of his stock to head North (near term). I would certainly like your opinion. See if you can go meet him (sooner than latter)! BTW, there was an article in Business Week recently about Wall Street companies shorting of microcap stocks and also about the shorters suing the companies because they would not sell them stock cheap to cover their short position. I will get the date and page number of the article for you. I do not know how reputable Business Week is, but we certainly are hearing allot about market makers caught with their pants down lately. Maybe shorting is becoming risky??? Robert