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Non-Tech : PSCKF - Playstar Corporation -- Ignore unavailable to you. Want to Upgrade?


To: peter paul who wrote (85)2/5/1999 8:41:00 PM
From: THOMAS GOODRICH  Read Replies (1) | Respond to of 330
 
peter paul,

No reason to shout - I agree! While I concur with you on a near-term target price of $5, I also believe PSCKF has potential further downside perhaps another 10% or so over today's close. While the company may be solid fundamentally, the management team leaves much to be desired when it comes to supporting the stock. Regardless, some of these stocks should prove no-brainers to own now because there will come a time when Internet gaming goes mainstream. Other attractive buys are SNMM and IGNIF. SBET also looks more affordable every day.

Tom

P.S. I have to ask you this, do you have a wife named Mary?<g>



To: peter paul who wrote (85)2/8/1999 4:24:00 AM
From: Jeff Broughton  Respond to of 330
 
In case you didn't know, all caps is considered shouting and rude.

It can be tricky trying to pick entry and exit points for these volatile penny stocks but I think we've definitely hit a re-entry point or pretty damn close to it. The price bounced in the .30-.40 range for about 2 months (Dec-Jan) before that last run up. Being that it ran up as much as it did and stayed up for a little while I can't see it staying sub .50 for too long - just too attractive. But to be fair I also thought it would only drift down to the .50-.60 range before running 1+. The way I see it is that if it drops below .40 it will only be for a brief time and should be able to hold its own in the .50-.60 range until those PR's start rolling out. I don't think that $5 will come any time in the near future unless some major PR's come out but I don't see any reasons why we couldn't see $2+ with some decent news.

Any thoughts?

JB