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Microcap & Penny Stocks : PLCO Internet collectables, childrens toys...etc -- Ignore unavailable to you. Want to Upgrade?

To: Pied Piper who wrote (342)	5/14/1999 12:49:00 AM
From: Al's Fun	Read Replies (1) \| Respond to of 1296

Doesnt make any sense.....plcop = 6 plco and that is all... If you are buying plco for the next month or so....so what....... If you like plco you have to like plcop..I have been saying that for a long time and guess what....I have been right..... plocp use to be priced less than plco......look now....what was the best buy?? answer that.. al

To: Pied Piper who wrote (342)	5/14/1999 12:49:00 AM
From: kbert	Respond to of 1296

I don't disagree with your reasoning. I just claim that the worth less is very small, hence ratio converge to 6!!! Which should push PLCOP closer to $8 than to $3. But I completely disagree with the last part. This is obviously wrong. Why if PLCO increases in value considerably in the near term, then the likehood of being at this price in December decreases ? If a stock is high now, will it be more probably lower later ? This does not make any sense. Ask Bill Gates about it. I even think that some analysis would tend to argue the contrary. Then PLCOP should go to the moon, not to the toilets. Let me give you this argument: let's say for example, that I think the company will be worth a capital of $300MM end of December because they are doing a great job, opening new stores, fantastic increases in revenues and achieving presence on the internet. Then even if they issue more stock, let's assume that PLCO will be worth $3 by end of December. Now, if this is your bet, how much would you pay for PLCOP TODAY? Would you wait it goes to $15 ? :) Archie