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


To: Bill Ulrich who wrote (919)11/12/1998 6:24:00 PM
From: TENNET  Respond to of 1754
 
Here's my favorite part of the report from the
Securities firm. Note, it is a report to the firms clients,
not from a "paid analyst".

Conclusion:
Price to Earnings ratios of software firms in the DeJager 2000 Index
(Amex:YTK), a complilation of 21 Y2K related publicly traded companies,
have ranged from 21 to 49. Taking that into account, it would be
conceivable to see Planet City shares trading at more than $2.00 by the
end of 1998 and $8.00 or more a share by the first quarter of 1999,
based on a modest 6.5X earnings capitalization rate of the 1999 first
quarter's projected run rate.

T



To: Bill Ulrich who wrote (919)11/12/1998 6:26:00 PM
From: ztect  Read Replies (2) | Respond to of 1754
 
In response to your question

$9.00 on average for multiple lines of code? No.

But as a basis of an upper limit on what LOC could cost, the statement that LOC "can be" as expensive as $9.00 is not inaccurate
based on a cost estimate.

Again this is semantics. In the context of the analyst's report, his statement of an high end cost neither validates or negates what has been analyzed. Should the analyst have said that "on average" LOC costs about $.90? Does the figure stated really factor into the marketing of this product? As Jeff, pointed out...not really. The whole argument is a red herring as was Joey's earlier misrepresentation as to who the CEO of the company is.

In analyzing the marketing, I found it more interesting to visit webcrawler and excite. I typed the words y2K, millenium, year2000 and bug into the search area. According to the recent analysis by Security Capital, these words on a "random" basis should provide a banner for PINC's y2k product.

I tried this for about 15 minutes and didn't once get the banner.
What does "random" mean. Is this effective marketing? Did anyone else determine whether these claims were true?

I'd be interested in finding out anyone else's experience with this since I'm interested in legitimate critiques rather than unabashed bashing....just for the sake of bashing...

z