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Microcap & Penny Stocks : PKGP (Packaging Plus) -- Ignore unavailable to you. Want to Upgrade?

To: Steve Casey who wrote (307)	4/29/1998 3:38:00 PM
From: TraderGreg	Read Replies (1) \| Respond to of 4783

Steve, as hard as it hurts for me to say this, you're right. It's like me issuing a press release to announce something like: SI thread attention! I have switched banks. My new bank gives me free checking and pays interest on any balance. These significant actions on my part will be accretive to the tune of $35 per year or more. OR I have announced that I will buy my groceries in bulk for all non perishables. Just wishing there was a there there...but I have my doubts. TG hurting too much to laugh but too old to cry

To: Steve Casey who wrote (307)	4/29/1998 3:51:00 PM
From: DuGen	Respond to of 4783

Steve, ok! I liked it better when I read it the first time. Still, they are doing something. Oh well, guess I'll go back and finish my nap. DuGen

To: Steve Casey who wrote (307)	4/30/1998 8:58:00 AM
From: John S. Baker	Read Replies (1) \| Respond to of 4783

This press release is even worse (more worthless) than you mentioned. The deal with Pay-Chex merely means that the independently-owned pseudo-postal shops that are part of their association may now elect to use PayChex if they wish -- for their own payrolls! The only way this will bring revenue to the PKGP corporate books is if there is some form of retainer provided back to the association, based on usage by the independent members. The last few press releases by this company really give me concern that they are grasping at straws. (Disclosre: I have a small long position in PKGP; waiting for the company to go bankrupt so I can deduct it on my taxes.)