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Technology Stocks : PLNS...formerlyBBTK

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To: mpnunes who wrote (14)3/13/2000 12:38:00 PM
From: Cates   of 28
 
When the NXTV IPO came out at $50 to $60 per share it seemed to light a fire under PLNS since the two competed in the old days. And since then NXTV has gone to $150, now at $12 B market cap more than twice AFCI's market cap and just $50M in revenue. So, I agree that as soon as PLNS demonstrates that they can sell their product they should be allowed to join the pantheon of extravagent revenue multiples. But I have not heard any news on PLNS lately, either from old friends or from Press Releases. At the same time, the trade show season with ALTS and Supercomm is coming up in May/June. So maybe there will be news then.
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