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

To: Chris O'Keefe who wrote (2127)	12/18/1998 8:42:00 AM
From: Chris O'Keefe	Read Replies (1) \| Respond to of 3171

* PLRP SHARE COUNT TALLY * My thanks to all the participants in the PLRP share count. It was great hearing from lurkers and thread-participants alike. Here are the results: No. of shareholders in survey: 22 Total no. of shares counted: 2,461,696 (I should point out that no shares from Dave Calkins' buyback are included in the above. While I have a rough guess of how many he bought, I don't know if they become restricted or are free or what, so I left them all out.) You'll recall that I invited comments to come along with the numbers. While not everyone gave a comment, for those that did there seemed to be two common themes: 1.) I will buy more if I can get some money; 2.) I intend to be a long-term holder. Several volunteered an exit price (or thoughts on an exit price). The 50-cent area seemed to be a common theme. More than one in the survey thinks that breaking a dollar is doable (although a time-limit on this was not necessarily specified). As you can imagine, “if” was a key theme of the comments. Will buy more if... will hold past .40 if... etc. Many of you shared your avg. cost per share. I did a little calculating and it appears that 0.242 is a mid-point on avg. cost per share. (So if your avg. cost/share is around there, you're not alone.) Finally, many people are very excited about Pacel. To me this is kind of incredible because if you look at the negatives, you might think that no one would be excited. We have no newsletters plugging us, almost no hype on SI, no full-time investor relations person and, most dramatically, a chart with such a downward slope that if Jack and Jill fell down that hill each would have a hairline fracture. Pacel is not a fully reporting company and is expected to show break-even numbers on the 10SB for 1998. The point is that we, as investors, have been very good to Pacel--and very upbeat about Pacel--in the face of these negatives. On the upside (just to give equal time, and not depress anybody): * We should be a fully reporting company within weeks * We should be showing mass revenue (over $2M) within weeks * We should be moving into a new office building within weeks * We should be reporting on impressive Visual Writer sales within weeks/months * We should have a full-time investor relations person hired within weeks/months * We should be hiring more employees (a good sign of growth) throughout ‘99 such that the total number reaches 50 to 100 by this time next year * We should have at least $5M in revenues (and show a positive EPS) by this time next year. Fingers-crossed, and here's hoping, that some or all of these things come true. Good luck all, Chris