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Microcap & Penny Stocks : ProNetLink..(PNLK)

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To: Stephen who wrote (6421)6/1/1998 7:37:00 PM
From: M. Simone  Read Replies (2) of 8242
 
Spending money to market to investors is common practice for the blue chips. A usual practice is taking big spenders on a tour of the office. High tech conference rooms, ads, giant maps and vision statements that didn't exist last week are designed and created for their viewing. Of course they use these facilities after the buy recommendations come in. Another practice is the quality of the Annual Report, dinners, and titles such as VP, or Director of investor relations. It's not the spending money issue at stake -- it's the quality of the plug. The Stock Genie would be an OK use of money if on the home page it clearly identified it's role as a paid announcment. Even better if they would position themselves as the "Good Housekeeping" seal of approval. Only products that are advertised in "Good Housekeeping" can get that seal of approval. Good Housekeeping does, in fact, test the product before they accept the ads.

Also, concerning PNLK. There was an investor interview spot on CNBC or Bloomberg concerning PNLK a few months ago. That's how I found out about PNLK. I wrote down the letters and did DD. Got in at 2.5 out at 3.5, In at 4 - and 50% out at 6.5. The rest is long. I wouldn't have gotten out so soon, except that it became an obsession.

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