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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (12859)3/4/1999 12:03:00 PM
From: Blitz  Read Replies (1) | Respond to of 25711
 
I am in PNTK, anyone?

(PR NEWSWIRE) Pentech Enters e-Commerce
Pentech Enters e-Commerce

EDISON, N.J., March 4 /PRNewswire/ -- Pentech International, Inc.
(Nasdaq: PNTK), today announced it will establish a retail Website and develop
an e-commerce solution to market its innovative children's activity products
and writing instruments.
"We intend to leverage the power of our COLOR CLUB(R) brand and become a
leading marketer of children's activity products on the World Wide Web," said
David Melnick, president and CEO. "We expect to be up and running by July,
1999."
The company's long-term plans call for the building of a Web community
with other strategic partners that will involve content sharing and cross
marketing opportunities, Mr. Melnick added. Pentech's goal is to use the
Internet to penetrate and increase sales in both its retail and e-commerce
channels.
Pentech manufactures and markets writing instruments and accessories, and
art and activity products to major food and drug chains, mass merchants,
office superstores, and warehouse clubs.
Statements which are not historical facts, including statements about the
company's confidence and strategies and its expectations about new and
existing products, technologies and opportunities, market and industry segment
growth, demand and acceptance of new and existing products are forward looking
statements that involve risks and uncertainties. These risks include, but are
not limited to, product demand and market acceptance risks; the impact of
competitive products and pricing; the results of financing efforts; the loss
of any significant customers of any business; the effect of the company's
accounting policies; the effects of economic conditions and trade, legal,
social, and economic risks, such as import, licensing, and trade restrictions;
the results of the company's business plan and the impact on the company of
its relationship with its lender.

SOURCE Pentech International, Inc.
-0- 03/04/99
/CONTACT: William Visone, VP Finance of Pentech International, Inc.,
732-287-6640, ext. 136, or James T. Berger of The Investor Relations Company,
847-564-5610, for Pentech International, Inc./
(PNTK)

CO: Pentech International, Inc.
ST: New Jersey
IN: REA
SU: PDT


*** end of story ***



To: Joe Copia who wrote (12859)3/4/1999 12:49:00 PM
From: Pat MacD  Read Replies (1) | Respond to of 25711
 
Joe
I appreciate your enthusiasm and optimistic views. However I find that sheer enthusiasm, alone cannot increase the value a stock. I would visit this thread more often if further due diligence was reported. I don't mean to convey a negative message, but rather than creating excitement through providing quick news and rumors, time spent on uncovering further information would garner the intended result. Good news and bad news are equal factors in determining the value of a company. In most cases bad news is more apt to grant further insight into management's ability to solve problems. Remember in a strong wind even turkeys can fly. Allow me to admit I can fall into the wake of enthusiasm as quickly as any investor and have a portfolio of non performers to prove. I have spent the past 10 years providing financing for start ups and structuring companies to make the transistion from the private status to publicly traded, fully reporting status. Again I do not wish to alienate any fellow traders, but a word of caution may temper the enthuisiasm for a greater winning strategy.
Thanx for listening,may you never find yourself looking down from the top trade,been there and hate it.