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


To: Terry T. who wrote (1474)11/4/1998 2:04:00 PM
From: *ROSARIO*  Respond to of 3171
 
I believe that the 2.8 million in revenues that is expected over the next several weeks is a FairyTale!! Thats why we are trading at 13 cents per share and not $1. Looks like the only buyers may be Mr. & Mrs PLRP. My bet is that they sold during the latest hype. What do you think??? Best regards



To: Terry T. who wrote (1474)11/4/1998 3:41:00 PM
From: Chris O'Keefe  Read Replies (1) | Respond to of 3171
 
Terry,
I think I'm safe in saying that no one is predicting a roller coaster ride, or a spike up, in the very near future. Frankly, I think many of us are dumbfounded and kind of numb about what has happened here. That is, many of us bought shares in the .40/range waiting for good news. More than one piece of good news did come out but the stock fell to a .13 - .18 range anyway. Apparently, the market didn't think the news was all that good after all.

Others on this thread will share what they are waiting for next but for me, I await the company's first 10Q, which is supposed to be out by the end of this year. It should show that Pacel has a positive earnings-per-share and if that is what happens, I can't imagine that the market will continue to value Pacel shares so cheaply.

Good luck,
Chris