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Biotech / Medical : PLC Systems -- Ignore unavailable to you. Want to Upgrade?


To: Richard James who wrote (824)5/1/1998 3:59:00 PM
From: Abel Vieira  Read Replies (1) | Respond to of 1202
 
Me confused! Why is PLC so weak? Was the FDA report a positive and if
so, why is it this low?



To: Richard James who wrote (824)5/1/1998 10:23:00 PM
From: John F. Dowd  Read Replies (1) | Respond to of 1202
 
Dear James:

It is a pretty slick site. However conspicuous to me at least is the absence of any info. on the convert. deb. If the conversion formula was based on the last 5 days as someone mentioned earlier than perhaps the shorting is over and the big boys will begin accumulating.

As far as the cc # is concerned the switchboard operator knew it was incorrect when I called back to complain. The Investor Relations person is either swamped or not all there or both as they have yet to return EMail or phone inquiries.

Thanks for the interest,

John Dowd



To: Richard James who wrote (824)5/2/1998 4:36:00 PM
From: Richard James  Respond to of 1202
 
A Pre14-A form was filed on Friday. NOtice that the company is seeking authorization to issue another 750 Million common shares. I haven't seen any explanation as to why this sis needed, but assume it is so PLC can raise capital to ramp up production once final FDA approval is obtained.

Any thoughts on it. Lot of potential dilution here.

Richard James