To: OFW who wrote (1044 ) 5/3/1999 7:36:00 PM From: $Mogul Read Replies (2) | Respond to of 2743
I saw it, well hmmm, PCLN still looks small time compared to AMZN and YHOO(just look at that HQ and office, haaa) and they are really trying to convince the Media, The Individual Investors, and the Brokers that they are here to stay, BUT I noticed that Jay Walker is running both (his private company and PCLN from the same office, hmmmm. The CEO ex Citibank Chairman said they will be introducing some new products, a Credit Card product not sure what that entails and some retail products. They both came on VERY POSITIVE almost SHREWED but convincing, like well WE ALREADY DID IT!!! Nothing New here or anything you haven't heard, just very positive comments, the question here is do WE believe in this and do we believe in the people running the company now that they are BILLIONAIRES in less than a Month. i personally think that jay Walker believes in his Company, but the CEo is LAUGHING ALL THE WAY TO THE BANK. I BELIEVE that after the lock-up these guys will DUMP BIG TIME. Can anyone elay what happend to AMZN, EBAY, YHOO and others after the lockup was over?? I anticipate a Sell on News tomorrowlike all the rest, then a falling knife and then a upward swing, we will see........... I still remain very Bullish on PCLN Future potential because like Jay Walker said, "If we continue to do what we say we are going to do then we will all be richly rewarded", and I believe that those PR's are just the begining to a PR Machine. MY MAIN CONCERN is the MKT. CAP and source of Income for PCLN. Unlike YHOO, etc Advertising is NOT where they will make money, so....This company will be for quite a while be POTENTIAL, and when this happens expect HUGE SWINGS in $$ and PR will PUSH this to ASTRONOMICAL HIGH's, and LOW's. Do you have the B-lls to hang on, You will need BIG ONES!! $Mogul