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Microcap & Penny Stocks : ProNetLink..(PNLK)
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To: ER Doc who wrote (4691)5/16/1998 8:08:00 PM
From: Vinny Ram  Read Replies (3) of 8242
 
I am a lurker and I just want to say what I think about this PNLK deal.

I thought of myself as a venture capitalist. PNLK is a startup company. I beleive that they have a great idea. I am not sure how well they would execute it. But the people behind the company seem to be well experienced and honest.

I think their market is HUGE. If only they get the word out to the right people they would get millions and millions of subscription, advertisement etc. This I know for sure as I know people who are in the exporting buisness.

I fully understand that there is a potential risk in investing in such a company. Many such great ideas have fallen because of poor execution. But I am willing to live with such a risk.

Because of these reasons I am long on this stock. I guess there are quite a few people who want to make some quick money on it. They cause a lot of volatility to the stock price.

I think this stock price should have never gone up so fast, so soon. It is that quick ride which got people's attention and all those negative articles from "analysts."

It is good for this company to make a slow and steady progress in the stock price. It is also good for them to get a NASDAQ listing at the earliest to get institutional investors.

I wish the stock price falls to such a level that daytraders, pump-dump-ers etc. lose interest on it. I then want all those people like me to hold on to it till PNLK is ready to anounce real buisness results. This might take 2 or 3 quarters or more. Till then, analyst opinion doesn't mean anything to me.

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