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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 (2113)12/17/1998 2:58:00 PM
From: Chris O'Keefe  Read Replies (1) | Respond to of 3171
 
A lot of potential investors probably will be looking at those numbers closely.

For me the $2.8M is not as key as it will be for others. What I mean is that it is a number derived largely from what the new hardware company is contributing, not what Pacel/Visual Writer has been up to. True, it's a great sign of running a business that Pacel was able to get the hardware acquisition, so maybe I need to change my view. But, still, when specifics comes out about how many copies of Visual Writer are being sold, that's when I'll know we're all ok, and to what degree we're all ok.

Chris



To: Terry T. who wrote (2113)12/17/1998 2:59:00 PM
From: ColleenB  Read Replies (1) | Respond to of 3171
 
Terry the stock dropped in price over the past few months because there was a seller who was dumping into the market... and hence our float grew by quite a large multiple. The float is still manageable, and even more so considering the current share price. Simply put, the volume in trades in conjunction with a price drop scared away many potential investors.

The principles are the same and Calkins has not veered from his projected business plan, so I feel that we will see a turn around soon. This will happen after financials are posted and investors can see that the 2.8M is for real along with the number of shares, authorized, issued and public float are known.