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

To: ztect who wrote (1087)	11/26/1998 2:03:00 PM
From: TENNET	Respond to of 1754

WBN Contributing Analyst Dan Murray's reviews Planet City: Planet City Corp. (PINC 3/4 OTCBB) -- Greg Kraft, VP Marketing and > Communications, states that sales of its Y2K fix for PCs are off to > a strong start. Launched in mid-September, unit sales jumped to > 65,000 for the month of October. Of the $49 selling price, between > $21 and $40 returns to PINC as revenue, depending on > distribution/partnering arrangements. A new, simplified retail > version is due early next year. The company figures there are now > 270mm PCs worldwide that are non-Y2K compliant, and that just 4% > penetration of that market could yield $250mm in revenues. The > company now has a revenue-sharing agreement with America On-Line, > with 17 million subscribers worldwide. As for competition, some > products perform diagnosis only. Others try to fix the problem by > means of "BIOS flash," which reprograms the BIOS-clock chip itself, > risking damage to the chip. PINC, on the other hand, doesn't touch > the chip itself but instead inserts an "interrupt handler" patch > beyond the BIOS chip. A few years from now, after Y2K is just a bad > memory, what will Planet City do for an encore? The company is > developing an e-commerce Kit that will offer preformatted web sites, > data base, and automated shipping and ordering programs for folks > looking for an easy entree into selling wares on the Net. Projected > price is $50 for the kit (the razor), and PINC will run a host > server, charging either a flat monthly fee or a percentage of > transactions (the blades). Hoped-for launch: March '99 Comdex. Looks like sales are going very well! Happy Thanksgiving, T