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Microcap & Penny Stocks : PLCO Internet collectables, childrens toys...etc -- Ignore unavailable to you. Want to Upgrade?

To: Life Coach who wrote (40)	2/8/1999 1:05:00 PM
From: Rande Is	Read Replies (2) \| Respond to of 1296

Yes, Life. PLCO has many ways of seeing gains. . .and they are all happening as we speak. Rande Is

To: Life Coach who wrote (40)	2/8/1999 1:33:00 PM
From: lightfoot	Respond to of 1296

FILM & FILMW are also related 1.4 mil shares are owned by them! On September 30, 1998, Breaking Waves entered into a sales agreement (the "Agreement") with Play Co. Toys & Entertainment Corp. ("Play Co."), whereby Play Co. has agreed to purchase, market, and carry in its retail stores a minimum number of Breaking Waves' products for a period of one year with options to renew for subsequent years. In connection with the Agreement, as amended, Breaking Waves is to purchase, during the term of the agreement (upon the Company's attainment of shareholder approval and subject to Nasdaq's review), an aggregate of 1,400,000 shares of Play Co. common stock at a price equal to a 50% discount of the closing bid price per share on the date(s) of the purchase of the shares. Breaking Waves has the right not to purchase the shares in the event that Play Co. does not purchase a minimum of $400,000 worth of swimwear from the Company.

To: Life Coach who wrote (40)	2/8/1999 4:16:00 PM
From: Steven Finkel	Read Replies (3) \| Respond to of 1296

I think you might be looking at the warrant situation a little wrong. What Is known is that at current valuation of plco, plcop should be at roughly 13 (given a close today at 2.25). So, 2.25 x 6 is 13.50 for plcop. Now, we all know that it is not trading anywhere near this. WHY? who knows. But with regard to the warrants, which allow you to buy one share of common stock, I believe, any current price is relatively expensive, as the common stock is roughly 1/2 of the five dollar mark. In other words, right now, based on the common price, plcop is undervalued, not plco. Since the warrant refers to the right to buy plco at 5, it is currently very expensive. If the warrant refers to the ability to buy plcop, which i doubt, then you have something.