Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : PINC - Planet City -- Software and Services -- Ignore unavailable to you. Want to Upgrade?

To: Sequoia Holdings who wrote (160)	7/29/1998 1:49:00 PM
From: Sequoia Holdings	Read Replies (2) \| Respond to of 1754

DING! 92000 share order just went through at the ask (according to freerealtime anyways :) EDIT: make that 2 92K orders

To: Sequoia Holdings who wrote (160)	7/29/1998 1:51:00 PM
From: Master (Hijacked)	Respond to of 1754

As far as private placements go, its encouraging that someone would shell out $700,000 for a company that hasn't even launched its product yet. Its also very bullish that PINC didn't go the famous Reg S route and dilute the float like so many other BB start-ups, primarily the desperate ones that don't have the goods. This small placement is just 1 more piece to the puzzle- the private placement investors, after PINC showed 'em THE GOODS, just bet 3/4 million and are willing to wait 1 year for a return, possibly missing out on a huge early stock run-up on the product launch and huge internet deal announcement! LONNNNNNNNNNNNNNNG AND SHORT TERM BIG WINNER HERE!!!!