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

To: mike mulhearn who wrote (2298)	1/11/1999 9:47:00 PM
From: Chris O'Keefe	Read Replies (3) \| Respond to of 3171

<<I'm out>> Somebody had to make a post like that--I hear you Mike. A lot of excellent posts of late. I'm not kidding. With what Pacel has done to us it is amazing how civil we are at this stage in the game. Weren't we all position traders, waiting for the end-of-the year financial filing? Then, didn't we all as a group, extend our patience into 1999 out of necessity? Now aren't we hearing that the "famous" $2.8M in revenues ain't gonna show up? If any of you are taking this well, God bless you, but as for me, "devastated" is the word that comes to mind. Anybody who is willing to wait on Pacel a year, two years, three years, et cetera will probably do well. I think I know two people who follow this thread who are willing to wait. And now, friends, it's time I reveal that I'm not one of them. Here's my soul, bared on an internet post. Have a good laugh so that some joy can come from this: Bought 27,800 PRLP @ .50/share = $13,900.00 Bought 14,000 PRLP @ .34375/sh = $4,812.50 Bought 20,700 PLRP @ .3125/sh = $6,468.75 Bought 78,000 PLRP @ .125/sh = $9,750.00 Bought 12,000 PLRP @ .12/sh = $1,440.00 -------------- ---------- Total shares: 152,500 = $36,371.25 Then recently, sick to my gut with how horrible this stock has performed in my 3+ months of holding it, I began selling. I think I managed to salvage about $5,700 out it. I kept a few shares and will hold them for a while. It's just a token holding that I want for personal reasons. I'll probably hold 'em a few months longer, but who knows. I'm off now playing some of the internut (oops, that internet) stocks and having a grand old time. My first two attempts lost me money (can you believe my luck), but I'm starting to use a stop limit, meaning that the most I stand to lose now on any one play will be 5% or 10%. Where was that mentality when I first bought Pacel? Oh, well. I was too green then, and I paid for it. Still paying, apparently. Good luck all, feel free to keep in touch...and if you're walking down the street one day and you come across this bum on the street, a fat guy with glasses and brown hair, please feel free to toss a quarter in my tin cup. And when you hear me say, "Do you want a stock tip?" for God's sake walk on by... Ciao, Chris