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Microcap & Penny Stocks : PLFM - Undervalued with great potential -- Ignore unavailable to you. Want to Upgrade?

To: Mike who wrote (7035)	3/2/1999 8:29:00 PM
From: GHart	Read Replies (1) \| Respond to of 9096

Here's a post from RAGINGBULL that sums it all up for me: By: Analyst Reply To #389 by rotweil Tuesday, 2 Mar 1999 at 6:37 PM EST Post # of 393 Let us discuss what is happening with PLFM. Fundamentals. The average investor invests in a stock for various fundamental reasons. Some may have invested in the software and hardware technology, the new market that the company is forming, the Ukranian/Russian program, the potential revenue and earnings outlook....etc. The question is have these changed? The stock has traded over 22.5 million shares from Dec. 15, 1998 to today. There are many more investors in the stock than traders relative to the last 12 months. This is a good thing. For investors, you really should look at whether the fundamentals of the company have changed from when you decided to purchase this stock. The answer to that question is more than likely "yes". Fundamental changes have occured over the last few months rather dramatically. This is called business development. Issues should be addressed to the investment community on what has transpired in regards to business development. Everyone should see this on Thursday. In that regards, how could investors make a wise decision to either buy or sell at this point without getting this information on Thursday? Not knowing what changes have occured in the fundamentals increases the risks of making an uninformed decision on whether to buy or sell. Technicals. There was as much buying as selling today. Not counting all the buying and selling between the bid and ask, there was not even a 1% difference between buying and selling. Specifically, there was 42.07% of trades at the bid and 41.82% of trades at the ask today. Why did the stock go down? You figure it out. In as far as the trading pattern, there has been a dynamic change that has occured. Historically, there has been many traders that have bought prior to a significant event(from information leaks in my opinion...specifically through the old investor relations group)which ran the stock up 20% to 30% from the trading range prior to an announcement. The stock began to tank after the release of information. Technically, the pattern is much different, nobody except for management and other key insiders know what is going on. Technical analysts certainly can assert that the trading pattern has already been different than the past; due to this, the future pattern will be different. I expect the trading will be much different on Thursday and Friday of this week. The questions that investors should really be asking are not whether the fundamentals have changed or why the stock is going down. The true questions are: 1. Why is management being so secretive? 2. With the information that becomes public on Thursday, how should I quantify this relative to my investment position/ where should the stock be valued at? 3. Why would the market makers be trying to get all this inventory? 4. Valuation/When will national media cover this company to get the proper valuation relative to the new fundamentals/business development? 5. What should I expect going forward as an investor in this company? What should I anticipate to occur above and beyond what has just been released? As far as people that have sold in the market or are thinking about selling, please do so. Thes people are the generally the ones that have not done their homework. Unfortunately for them, it might be the case that expectations just might be met this time unlike in the past. Technically speaking, the pattern has already changed.....it might be very, very interesting to see what happens with the stock price later this week. I could ramble on about the valuation I believe the stock should be trading at. Not many people know about this company.....yet. Expect that more sophiticated investors will be at the door later this week with much bigger wallets. I wish you a very pleasant day. BoardMark MemberMark Ignore Poster