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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50] -- Ignore unavailable to you. Want to Upgrade?

To: HandsOn who wrote (880)	3/3/1999 10:21:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 4766

No, Hands. . .I don't. . tho it will probably go up on the news. . PLCOP is the better play for anyone wanting in late. FILM owns a portion of PLCO and is merely a holding company with a few family members. . that is all. They will definitely make some dough as they have been for their management contributions, etc. But PLCOP, the preferred is convertible into 6 shares of common by the end of the year, according to the SEC filings and according to the company in numerous phone interviews. I'll bet I called 3 times just to say, "are you SURRRRE these preferred convert into 6 shares of common?. . .because they sure are cheap if that's the case." They agreed they were very cheap, but assured me that my information was correct. The PLCO thread has a discussion of the preferred and the warrants. . .which convert into preferred [not common] shares. Rande Is

To: HandsOn who wrote (880)	3/3/1999 10:59:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 4766

HA. . someone obviously does not know the OTC. . .where they BUY on news. . not sell . . they shorted a bunch of the warrants, which were up 100 percent . . .they think that because the news is out. . the stock will fall back. . but that is not generally the way these work. OTC players BUY the news and sell on slowing interest. NOT buy the rumor sell the news. . . heck the rumor has been spread around for a month and there was very little activity in any of the PlayCos. Only on this fishing thread had any interest prio to today. . .and NO WHERE on Yahoo. Today the word is spreading all over that this is a really nice OTC. IMO, this word spreading will just keep on fueling the fire. . .which generally lasts for about 3 days after a big news such as this one. Looking forward to those warrants doing a major pop. . .I've seen warrants pop on a stock 700 or 800 percent in a matter of minutes. This is getting fun. Rande Is