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

To: lakers17 who wrote (2100)	12/15/1998 11:48:00 PM
From: Chris O'Keefe	Respond to of 3171

It sounds like we have had similar journeys in some ways. You write, "If I hadn't lost on PKGP, I would have lost somewhere else before I learned an investment style." I can completely relate to that. You should have seen me on the TEVT thread some months back when the rumor broke that they were being bought out for $2.50/share. The stock was around .30 when the rumor broke and I caught the ride up around .50 and was posting like an idiot stuff like how my portfolio would be at its highest ever if the deal went through. Yeah, the stock went on a ride all right--Some ride!! Would you forgive me if I don't go into the nauseating details? Anyway, I sense we are both getting smarter. I haven't seen a penny yet that didn't have risk, but the way I see it, Pacel grew their business for at least three straight years without any stock talk. Their track record of getting people to buy and use their product is quite good, especially considering the limitations of their PR budget. I conclude the product must have sold itself and 1999 should be all about going from the minor leagues to the major leagues in terms of sales. Whether it happens or not should be interesting to see, but I'd say the odds are favorable. And at a nickel a share? Well, like I say, even I--who in every normal sense of the term is completely tapped out--am trying to get some cash together to add again. How can I lose? (Wait, don't answer that! <g>). Take care and see you around on the thread, Chris