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

To: Mr Metals who wrote (1845)	5/17/1998 8:07:00 PM
From: Jim B	Respond to of 4783

if a short squeeze happens... you may be right.. also someone made the comment to me recently about when I said that there were "100s of million of dollars at stake here".. well this was a direct quote from the company... also if you remember I said that when the stock price was well over $1/share an ensuing 93million shares traded at a short position to drive the price WAY down... that's alot of money right there... some are thinking of the cost of 93million shares bought back in at current levels.. but what about the money made when they sold shares they didn't have at 10 to 30times current prices... then you add in the price of rumored deals that are coming into the picture.. our own investment monies and the convertible debenture group (whatever they might have) we're talking ALOT of money here... true, some of these shares might have already been covered.. but best our sources can figure we've still got easily a 30million to 50million short position out there.. how do we fight shorts??? we HOLD and accumulate; am I saying to buy this stock.. NO... if you trust the DD.. then just double check your thought processes when you consider selling because the stock tanks a penny or two.. (if it does that is)... my partners and I again ARE NOT in this for a few penny per share gains... we're in for the big gains.. either it works out and we make a killing against the MM shorts... along with the fundamental merit of a higher stock price that we believe will be coming soon... or we'll lose maybe 30 to 50% of our investment... so what... personally, I'd be hurt temporarily by a loss like that... but I just don't see that a big loss is probable... possible yes.. but not probable... I think big gains are more probable than anything.. jmho jim

To: Mr Metals who wrote (1845)	5/17/1998 10:44:00 PM
From: Jim B	Read Replies (3) \| Respond to of 4783

TO ALL::: I understand that there are rumors that either the CEO of PKGP or the CEO of one of the companies that PKGP is supposed to have some forthcoming deals with is ill and may not be able to return to work for a few weeks... I have NOT heard this from any of our sources.. simply have gotten a few private msgs on this tonight. I don't know if this is true or not and even if it is whether this will directly affect any ongoing business with PKGP... if this is true, it's still very possible that we may still see some news early this week as alot of things were accomplished last week at PKGP.. I would guess that there are probably some announcements already completed and simply waiting approval for release but this is just speculation on my part... we will call the company tomorrow and see what info we can find out on this... take care all.. jim