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To: RidgeRunner who wrote (35228)6/7/2000 6:34:00 PM
From: Roy F. Baker  Read Replies (1) of 40688
 
RR, It seemed you didn't need any coffee to start your day after reading my post to you. I totally disagree with you in some aspects and I will try to rationally explain why I feel as I do. You did quite well explaining your theory in this post (35228) and subsequent others.

<<Wow...Why is it "best overall"? We sure wouldn't want any forward thinking information to be disseminated to the shareholders would we? Your statement makes us sound like cult members whose minds are not our own. I object.>>

Glenn on a number of occasions allowed forward looking information to hit the streets and than either through poor time lines or items beyond PNLK's control things did not work out. This caused erosion of the stock value, erosion of the investors trust, erosion of belief in other forward thinking statements and a desire by Glenn and Company to hold things closer to the vest. By holding things closer to the vest two things positive occurred. First - day trading disappeared. Second - Facts are disseminated rather than "wishes, hopes, plans and dreams".
"Cult members", I suggested that months ago. But IMHO you never made the list of potential cult members. Your sitting there waiting for the next big rise and hoping to cash out. Than await another drop and pop. That is your style, I believe. And there is nothing wrong with that. At least there is nothing wrong with that until you start acting righteous and "objecting" to PNLK trying to use every mean at their disposal to build their company and shareholder value.
If you don't agree that PNLK should release facts even when they are negative, than your not seeing the big picture. PNLK needs to do their forward thinking on their disclosure statements. Facts as they become available should be released. As Glenn said recently, they will NOT provide any more time tables or forward looking statements. He believes it is in the best interest of the company and it's shareholders and so do I.

<<Why is a request for a schedule of upcoming PNL events responded to as if it implies a need for instant gratification?">>

Perhaps PNL-TV can start to sell subscriptions much like TV Guide. Again, the last thing I want to see from Glenn is a detailed schedule and time line published so their competitors can than execute PNLK's business plan. Please get over it. Glenn and Company do not have to baby sit us and if anything should act in the manner they now have chosen to do.

Since Glenn announced he would no longer provide a forward thinking statement list, I haven't seen a mass exodus of investors heading for the nearest exit. I think all those that understand what and why they are doing it are hopeful this approach will benefit the shareholders. It was becoming obvious that the other system was allowing day trading manipulation and was not helping shareholder value.

I'm expecting to go to New York in a few weeks. I'm going to the PNLK offices and will try to plan a meeting with Glenn and others. I WILL NOT POST A DETAILED REPORT ON SI. I will provide information to those who ask for it by P.M. My reasoning is I do not want to be responsible for anyone making an investment decision based on what they read here.

You, RR need to stop objecting and start allowing PNLK to run their business plan. If you don't like what they do and how they do it - you know what you can and should do.

Please understand as I've stated before in this site and elsewhere. PNLK is not an instant gratification stock. In fact growth and profits are no where near each other in the dictionary. PNLK has had huge growth in the last couple of years; but their still a long way from being profitable.

Regards,
Roy

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