We would like to welcome our new members.. where we hope they will enjoy similar successes as our original members going back to January of 1998.. excuse spelling ;-//
MINT - In at 2 3/8 ,Reported +66 % gain in revenue,, .02 vs loss of .9 with alliances with impressive companies. we believe this stock will appreciate on it's own merit to it's 52 week high or better with continued revenue improvement.
RNTK -In at 1/8 to 1 1/4, Same source that gave us new BOD, Diesel mentioned next week Friday as possible D day ,, I suggest holding long positions with trading stocks, like we have done with TAVA
TAVA - In at 2 1/8 to 14 1/2, Expect even or slightly better eps of say .02 but huge back log and a possible major news break out that will propell it to 16 - 19 area,, it has formed a nice sonsolidation ..
SEEK - In at 12 to 45, is still a hold,,did trade a little but our next target is mid 40s or higher if Walt Disney take over indeed materializes.. still undervalued compare to LCOS..
LCOS - Will announce a major deal with T , we are hearing.
RENT - In from 6 to 9 1/2, Has moved in to one of top long term hold position with 12 mos target of 20 ..
CMP -In at 9 to 12 1/2 , Play for dips and we will call an alert for another 1 - 1 1/2 gain like 2 weeks ago..
MUCP - In at 1.08,, A stay of execution till this week Wed or Thur ,, if management fails on it's innuendos and the news coming from U.K. is untimely eapect a volatility .
GLFC -In at 1 11/16 Hold for possible 2 1/2 for the news coming this week ..
PNLk - In at 2 1/4 to 5 1/4, Buy under 2 1/4 for coming web opening on May 15th ,,
TQSD - In at 1/2 to 4 Our pick 3 weeks ago ,,after basing at 2 5/8 for 3 weeks, it has come back nicely to 3 1/4 ,, spoke to CFO of the Digital River,, IPO is on the urgency ,,just finished multi millio dolar financing and have enough funds to operate comfortably,, several major funding and participation by a well known Japanese conglomerate,, remember Jim Cramer of thestreet.com likes this DR.... as TQSD owns 28% of the DR ,,what will be the inplication for the stock when DR comes on as ipo..
IFLY - In at 1 1/2 to 11, Constant contact with the management ,, their web design idea with inter - active reservation and the ceo's resoning for not going complete web citing not being able to provide accurate and cheapest quotes sounded a bit not kosher.. will advise after Wed,, when we are to hear from the IFLY ceo ,, as this stock is very sensitive to publicity ,, expect mid 7 entry for next run..
LEAP - in at 1 3/4 to 6 , Will follow up with CEO this week ,, for their new contract ,, that he mentioned last time when we took a position
SIEB in at 32 presplit to 55 and 60, basing nicely ,, we will call a buy on this when the time is right ,, 16 is doable,, we will let the short interest build up more..
THNK ,,in at 9 ,, we will see an upward resistance soon ,, as we go in to some sort of correction ,, possible sell but dangerous to short.
IFMX - In at 7 ,, buy the dips under 9 if possible ,, expeting 15 by 3rd qt...
QDEK - We played the momentum last week ,, even with an upgrade QDEK will not see any valuation until they see a significant improvement in their revenue..
BNYN - In at 5 ,,took out the highs..but reconsider buying the dips..
OZEMY - In at 12 1/2 ,, took out 23 ,, will re-enter 18 - 19
FORSF - In at 12 to 22 back in at 18 down to 16 3/8 ,, it will go back up to 22 or higher..
PTET - In at 14 1/2 and 11 1/4, I dare say it will see another run and to mid 20s in the blink of our eyes...
MRCM - In at 16 and 14 1/2 ,, another monster,, in partnership with my favourite MANU with new y2k for manufactring that is software based ,, not labour intensive rngineering ,, 28 institutions own 70% of the float.. compare it to SYNT at 8 to 50 in a month ..
PFE - A dire entry is needed here soon ,, I have a feeling
their European study on women will be a resounding success. Look for a market correction for an entry below 105 wishfully ,,but under 110 will be acceptable,,,
CPQ - In at 25 5/8 ,, its on a break out ,,expecting 32 soon .. DC is doing better than expected and CPQ in spite of capital out lay ,,they will have an awesome return on their investment.. Pfeiffer is an amazing ceo,, where I suspect Michael Dell is still on the light side.. IMHO
CXI - In at 3 to 5 1/2 ,,re entry at 4 1/2 ,,sold half on no news,, will see on Monday ,, regardless of the news,,I beleive managem,nts valuation 7 - 10 by 3 rd wt this year.. for they have lined up many news and contractd with DOD and DOE...
RNET - ceo blew it big time.. it's too early for us to get in now.. we had mixed results with this ,, at 4 1/4 to 5 3/8 and at 5 1/2 down to 4 5/8
PANL - Still too early but look at the consolidation from 5 7/8 ti 6 3/8,, this is a Whale Sceurities baby , who brought out Prestek and since hasn't had a good one to mention,,they have very high hopes on this and if purpoted commercial contract in mid May and a major funding happpens ,,this indeed will be another Prestek, for it will revolutionaise the whole display market..
MODA - Still waiting for WSJ article and IBM news.. target 27 - 30 with stop loss at 21..
NMGC - Called a buy on Friday ,,in at 21 1/2 ,, new target is 26 - 30 shortly ,, a major deal with IBM .,,
TUNE - New focus ,, a major break out on Friday ,, I am calling this new KTEL...
Remember,, not to jump in to beat the next fellow,, and contrary to our distractors,, we o not accumulate stocks for months at a time and call a buy on it .. as others specialises in it ..
Have a good week end ,,and here is a PTET news,,
Friday May 1, 8:00 am Eastern Time
Company Press Release
Planet Entertainment Announces Agreement With Atlantic Coast Digital Concepts to Begin Music Internet Distribution Over Its Web Site
MIDDLETOWN, N.J.--(BUSINESS WIRE)--May 1, 1998--Planet Entertainment Corp. (OTC BB:PNEC - news) has announced today that it has signed an agreement with Atlantic Coast Digital Concepts to expand its web site in order to aggressively market its proprietary music catalog of over 15,000 titles, as well as an additional 100,000 commercially available titles.
The company plans to aggressively market over the Internet and make its catalog available for consumer downloading on home PCs while continuing to seek additional traditional distribution partners throughout the world.
Atlantic Coast Digital Concepts, headed by Daniel A. Johnson/CEO, specializes in new media technologies and content development. Its clients have included IBM (NYSE:IBM - news), Time Warner (NYSE:TWX - news), Sunshine Interactive, Sonicnet and AT&T (NYSE:T - news).
Atlantic has recently built the website for musician Joe Jackson and is currently in negotiation with other musical groups that plan to sell direct to consumers via the Internet. Daniel A. Johnson has been one of the pioneers of multimedia enhanced audio CDs.
Planet Entertainment's catalog of master recordings include such artists as The Tokens, Fats Domino, Gladys Knight & The Pips, Percy Sledge, Ike & Tina Turner, Kenny Rogers, Willie Nelson, Waylon Jennings, B.B. King, Johnny Winter, Freddie Fender, Herbie Hancock, Charley Parker, Dizzy Gillespie, Miles Davis, Luciano Pavarotti and many others. Nippon Columbia is releasing 50 Planet Entertainment CD albums throughout the Far East on June 20 under the label of PNEC Groovers.
Joe Venneri, president of Planet Entertainment, stated, ''This alliance with Daniel Johnson and Atlantic Coast Digital Concepts will enable Planet Entertainment to enter the arena of Global Internet Music Marketing and consumer downloading, while making our company competitive with N2K (NASDAQ:NTKI - news), CD-Now (NASDAQ:CDNW - news) and K-TEL (NASDAQ:KTEL - news).' |
