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To: DMcMannes who wrote (3759)	3/5/1999 10:48:00 AM
From: DMcMannes	Respond to of 9115

PLCOP;Can any of you more experienced people tell me if this is real? The preffered stock can be converted for 6 shares of common,and seems to be going for less than the common shares right now??? SI Inbox \| Folders Bookmarks \| People Hot \| New Subjects Options \| Profile Computers&Peripherals - Software - Communications - Semiconductors Talk : $5 and Under : PLCO Internet collectables, childrens toys...etc \| Previous \| Next \| Respond \| Become a Member of Silicon Investor! To: David Helms (146 ) From: Rande Is Wednesday, Mar 3 1999 12:13PM ET Reply # of 180 PLCOP and PLCOW . . . CONVERSION OF PREFERRED AND WARRANTS: Reference: sec.gov PLAY CO. TOYS & ENTERTAINMENT CORP. 750,000 Shares Series E Preferred Stock and 1,500,000 Warrants 250,000 Shares of Series E Preferred Stock and 500,000 Warrants Offered by a Selling Securityholder This Prospectus relates to an offering (the "Offering") of 750,000 shares (the "Shares") of the Series E Preferred Stock, par value $.01 per share (the "Series E Stock"), of Play Co. Toys & Entertainment Corp. (the "Company") and 1,500,000 redeemable Series E Stock purchase warrants (the "Warrants") being sold by the Company through the underwriter in this Offering. Each Warrant entitles the holder thereof to purchase one share of Series E Preferred Stock at a price of $5.00 for a period of four years commencing one year from the date the Offering closes (the "Closing Date"). An additional 250,000 shares of Series E Stock and 500,000 Warrants may be sold from time to time by a certain selling securityholder (the Selling Securityholder"), subject to a 90 day lock up agreement commencing on the Closing Date. The Company will not receive any of the proceeds from the sale of any securities sold by the Selling Securityholder. Each share of the Series E Stock is convertible, at the option of the holder, two years from issuance, into six shares of the Company's Common Stock, par value $0.01 per share. The Warrants are redeemable by the Company at any time, commencing one year from the Closing Date, upon 30 days' prior notice, at a redemption price of $.05 each, provided that the closing bid quotation of the Series E Stock for at least 20 consecutive trading days, ending on the third day prior to the date on which the Company gives notice, has been at least 170% of the exercise price of the Warrants being redeemed. The Warrants will remain exercisable during the 30 day notice period. The Series E Stock and the Warrants (sometimes collectively referred to as the "Securities") offered hereby will be separately tradable immediately upon issuance and may be purchased separately. Investors will not be required to purchase shares of Series E Stock and Warrants together or in any particular ratio. NOTE . . .the Series E Preferred was issued during the last half of 1997 . . . so conversion into common stock can happen sometime before the end of 1999. . . . .Rande Is Next Previous \| Previous \| Next \| Respond \| View reply to this message Quotes - News - Discussion - $5 and Under View SubjectMarks Bookmark this Subject PLAY CO TOYS & ENTMT CORP (OTC: PLCO) Time: 9:34AM Last Trade 1 7/8 Change - 1/16 (-3.20%) Bid 1 7/8 Ask 2 1/16 Volume 02,5000 Prev.Close 1 15/16 Open 1 7/8 Day Range 1 7/8 - 2 1/16 Last Tick 0-0 Avg.Volume 036,5000 52-week range: 0.500 - 2 3/4 Discussion \| People \| MetaCrawler Subject Titles Only Full-Text This Subject Only Send questions and feedback to webmistress@techstocks.com Terms of Use

To: DMcMannes who wrote (3759)	3/5/1999 11:09:00 AM
From: VelvetX	Read Replies (1) \| Respond to of 9115

Been watching SEVL for months... Recently merged with another company and refocused their business. This morning announced deal with AOL. After initial price surge to 4 1/2, dipped back to 3 11/16. Wish I had gotten in there because it is now back to 4 15/16. SEVL is famous for having price pops like this then dropping immediately back to around 3. Don't know if it will go much higher. If I were in it now I'd be inclined to take the profits now. Good luck.