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

To: Michael Baron who wrote (7247)	3/5/1999 2:07:00 PM
From: Telemarker	Respond to of 9096

Fair enough, Michael. This is not my area of expertise. Guess I didn't figure that PLFM were the only potential buyers of these aircraft. Couldn't someone have used these planes for something? Maybe even the Pentagon or a museum somewhere <g>. I have read that the Soviet Aerospace program was quite advanced, any comments? Perhaps the fact that they were able to get the Russian deal this far so quickly in relation to the PICTEL deals supports your view of the technical hurdles. Even to my unsophisticated view, hurling satellites off of airplanes does seem a bit bizarre. But then again, things change so quickly anymore. Sure, I've looked at stock detective and wasn't too impressed. Easy to be the disbelieving skeptic, but I didn't see that they had any specifics nor that they had done any serious research. Further, when they recite four or five year old Brazilian economic statistics - what does that tell you? Hard for me to raise "we don't believe it" to being a "point". Anyhow, SD has serious problems of their own - hardly a group that I'd look to for advice, unless I needed to be reminded that there is risk in penny stocks. I'm long on this story also. Mainly, I like the risk/reward profile, and accordingly am prepared to ride this to the end. I've learned to do the best DD I can on these BB stocks and spread my high-risk capital amongst what I consider to be the most promising stories. They don't all have to work out for me to win big. In this case, the downside is now about $0.70. The upside? Well, I think we would all agree it's a significant multiple of the downside. Then the all important question....The probabilities? Thanks for your input.