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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?

To: callme who wrote (13269)	5/13/1999 10:12:00 AM
From: thescot	Read Replies (1) \| Respond to of 15987

PLCOP--whisperer i bought in at 3.00 do you see the stock with a lot of upside at this level basd on the imbalance between the pref and common tia david

To: callme who wrote (13269)	5/13/1999 10:26:00 AM
From: myturn	Read Replies (1) \| Respond to of 15987

PCBM: This is indicative of about what is to unfold at PCBM. I spoke to management late yesterday afternoon. They feel quite confident of the direction of the company. They are very excited right now at PCBM. All they could tell me is that if everything comes to fruition, the company is going to quadruple in many ways. I believe today's announcement is management dropping you a small hint. JMO Thursday May 13, 9:06 am Eastern Time Company Press Release Pinnacle Business Management, Inc. 20% Stock Repurchase Plan Announced Repurchase Program Approved by Board of Directors CLEARWATER, Fla.--(BUSINESS WIRE)--May 13, 1999--Pinnacle Business Management, Inc. (OTC BB:PCBM) (http://www.pcbm.com) announced Thursday its Board of Directors approved a Stock Repurchase Plan under which PCBM is authorized to repurchase up to 20% of its current outstanding shares over the next nine months. The repurchases will be made mainly via the open market public float as well as in private transactions. The primary intent of the repurchase program is to offset dilution associated with recent financing and acquisitions as well as proposed employee stock purchase and stock option plans. In issuing this announcement, the Board of Directors expressed confidence in the future direction of Pinnacle Business Management, Inc. ''Considering current market prices and our analysis of trading activity in our stock, we believe PCBM is undervalued and the repurchase program is a good investment of available funds. With PCBM's strong Strategic Plan and its funding continuing at or ahead of schedule, the stock repurchase program presents an ideal opportunity to enhance shareholder value at this point in time,'' said Bruce Hall, President of Pinnacle Business Management. PCBM intends to apply to become a reporting company this quarter and plans to qualify for a NASDAQ Small Cap listing by the end of this fiscal year. Growth plans will continue to be financed through public and private sources. Additional information is available through the company's investor web site (http://www.internetstockmarket.com/corpprof/p/pcbm.html) or by calling the contact below. Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings. Contact: Pinnacle Business Management, Inc., Clearwater Peter Reinholt, 727/669-7781