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Non-Tech : PSCKF - Playstar Corporation -- Ignore unavailable to you. Want to Upgrade?


To: peter paul who wrote (239)5/16/1999 12:25:00 AM
From: Todd Pagel  Read Replies (1) | Respond to of 330
 
peterpaul...I disagree with some of your views.

Management has said that they definitely need the warrants to be exercised so they can get an infusion of cash. I don't think they are comfortable financially just yet. It is very true that nobody has heard about PlayStar yet, but the analysts aren't waiting for financials before writing reports. The vast majority of analysts don't follow the BB's and certainly wouldn't put their reputations on the line by recommending one even if they did. I think management is doing a good job, and seems to have a business plan that might work pretty well, but I think we are far from "double digits". Personally, I would like to see a price of $2 within a few months. Slow but steady growth will hopefully be the way to go. Only time will tell. IMHO, there is good upside potential, but the way has many obstacles.