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 : Pacel (PLRP): If NASA likes them, shouldn't we? -- Ignore unavailable to you. Want to Upgrade?

To: barbara sperino who wrote (293)	9/24/1998 1:56:00 AM
From: Retaylor	Read Replies (1) \| Respond to of 3171

Judith made some good points in her post. However, I think that type of thinking would mostly apply to larger cap stocks and not pennystocks necessarily. Some people just invest in pennystocks that they think will be profitable because of a unique product,a product that is in demand,or a special service provided by the company, etc.. They put money into these companies with just the hopes of some kind of press release coming out, whether it shows actual revenues, or just future projections, cause any type of positive news is a plus for penny stocks. With PLRP, I find it quite impressive that after only being public for just two months, they put out an impressive news release regarding a company to distribute there product. This is showing potential in the company and a positive step forward, even though it isn't talking about actual sales/revenues. I think the reason that not many people bought into the company today is that the company has only been public for 2 months now, and are basically new to the investing public. I think that the people who will take the time to read the release and understand the potential, are ones looking to invest in software programs of the future, and who understand computer software or have a basic knowledge of it. These people will take the time to review the features of the product, and understand it. 90 - 95% of the white collar work force are computer literate and are always checking the market for new software that will enhance and simplify there systems. All we need is more publicity in which we will be seeing shortly to make this company take off. Just my opinion, Retaylor

To: barbara sperino who wrote (293)	9/24/1998 12:44:00 PM
From: ColleenB	Read Replies (1) \| Respond to of 3171

Looking at the chart I'm hoping that all of the short time traders are now out of PLRP...you can see the down turn on Wednesday, the day after the press release because we didn't get the expected/hoped for boost in share price so the massive sell off...a little more this morning, and now we are starting to see a slight up swing again. With the float being as small as it is, this stock can have erratic fluctuations, and hopefully it'll be in our favor next time. quote.yahoo.com looking forward to more news about the company to be released and hope the timing is better suited for investor reaction.