From AOL--
Subject: News Tomorrow Date: Mon, Aug 3, 1998 21:16 EDT From: StocNstuf Message-id: <1998080401164600.VAA06807@ladder01.news.aol.com>
Spoke with IR, news to be out tomorrow AFTER the open. I imagine sometime before 12 pm EST. Hopefully within the first hour. By the way, the land line deal that PLFM is working on (with Guiterrez--spelling?) might be much bigger than we think. They have won a fairly large chunk of Brazil--including parts of the Amazon. As i have anticipated for months now, PFLM will be acting as a subcontractor, and indeed they are. As a matter of fact, I anticipated these companies that did the bidding knew they would be contractually obligated to provide total coverage in their areas, including remote areas...thus, the need for PLFM's technology. Now the land line company--as opposed to the cellular arena--that PLFM is working with will utilize PLFM's technology for switching relays...thus avoiding huge expenses in laying land lines in the remote areas. Do not be surprised if this land line deal is a windfall in itself for PLFM. However, dont expect news on this tomorrow. I could be wrong, but we may not see numbers for a couple of weeks.
What to look for in tomorrows release: the names of cellular companies that PLFM will be working with, 2. and the mention of PLFM's team beginning contract negotiations. Negotiations for CONTRACTS--with solid revenue coming down the pipe (and it will come). PLFM has had preliminary to moderate level talks with these companies before the bidding, but within the next two weeks, things will really heat up. The reason i believe no massive contract is in the wings for tomorrow is simple, the negotiations held to date were not too detailed... because of the bidding process, these companies did not and could not commit to using PLFM's service (because there was no guarantee that these companies would win in the bidding). Now that the deposit has been paid by the companies to Brazil..let the negotiations begin. IMHO, that is what we will hear tomorrow. Looking for a nice tick to the upside in the coming days...until we see the numbers. Then I believe PLFM will gain much credibility, and investors as well as institutions will respond in kind. Good luck all. Do your DD. Im outta here for a bit. Hope good news is around the corner for us all. |