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Microcap & Penny Stocks : PINC - Planet City -- Software and Services -- Ignore unavailable to you. Want to Upgrade?


To: Travis McGee who wrote (1270)3/3/1999 9:53:00 PM
From: Jim Reome  Read Replies (1) | Respond to of 1754
 
To all participants: I was asked to post this from Ragin Bull thread because of my membership with SI. I am doing this as a favor and am not interested in this stock nor discussing it. Regards to all and good luck with your investments.

By: trillium
Reply To: None
Wednesday, 3 Mar 1999 at 8:52 AM EST
Post # of 387

I visited Planet City last week. I own a pretty large stake in Planet City and
wanted to reassure myself of their integrity. They're in Montreal only 3 1/2
hours away. I met with the president and VP of marketing for 2 hours in their
receintly renovated 5th floor office suite. Rudy Rupak their president is a
programer by night and buisnessman by day. Francois Garcia their VP brings
considerable energy and enthuiasm to Planet City. His background is film
making & brings allot of the team play and dedication that is found in that
industry to Planet City. I was impressed with their game plan. I think this
company is positioned to develope a strong revenue stream. First with the
release of their upgraded 5.0 Millineum bug kit (49.95) in about 2 weeks. In
early April they will offer their E Commerce kit for sale. (49.95) I do believe
analist David Morris's (Madison Avenue) projected revenue stream to be off
target. He proposes a straight line sales at 100,000 Units / month. A more
realistic projection would be more exponential the closer we get to 2000. Plus
his forcast doesn't take into account the E Com kit. The folks at Planet City
seem more enthused about that than the Y2K. Overall I think we're on the
threshold of something big here and after yesterdays announcment for a
comprehensive investor relations program I don't see this stock sub buck again.
Good Luck to all