I am another lurker who finally come abroad to share an opinion after seeing all the tug-of-war going on between the Pro and Con. What amazed me is that the people who questioned the validity of the ProNetLink concept will continue to come back and spend time to argue or defend themselves regarding their OPINIONS. IF I don't like a company product or concept, I will simply sell my shares and move on to look for another company to invest in. We all know how much time it takes to research and find another company we can believe in before we invest. But to keep coming back to this thread and question, bash, or harp about the company you don't like, why?
Someone has raised a point about the database in the ProNetLink not being detail enough to be of any use and proceed to discredit the whole concept of ProNetLink because of it. While such comment has its valid argument; it is unfair to put all the weight on it without looking at where PreNetLink is HEADING!
Here is my opinion regarding the issue of database. The 2.7 million companies in the database may have been compiled at the time when Internet commerce doesn't even existed yet. Therefore, detailed information related to each company may not be included for the purpose of an electronic database search. SIC is used because that was the standard search of the OLD way. Remember those thick index books we need to browse over just to find what we need?
In my opinion, for a company in an export/import business who need to generate business or expand contacts, the database of ProNetLink, limited as it may be, is still an invaluable tool to use, especially when the company is not in the USA. Let say I did a search for wine as someone has suggested, and it gives me all the companies that deal with wine. If I am looking for white wine only, you know what I will do? Do you remember why you hire your administrative assistant? Either I or my administrative assistant will start drafting fax letter with request for more information from each of the company on the list. (And in the fax letter, I will also mention that I found their company name from a database search in ProNetLink. This may create interest in the company to update their list in the ProNetLink database.) Isn't this is what we were doing all along before the beginning of the computer revolution? Yes, you may argue "why pay for the database while it is available for free elsewhere?" Yes, but you will have to spend more time to accumulate the company list the old fashion way before you can even send out your fax letter. What ProNetLink has to offer is that it will make that part of research tool a breeze to a lot of company. Not to mention that the database in ProNetLink is constantly being updated in a dynamic way.
My key point is that if a company exists as an import/export business, it will do what it takes to drum up more business, and any tools that can help simplify that process is a plus. The Key word search change will definitely enhance the usefulness of the tool. The details information required by the searcher will come in time as our society move into the world of internet commerce.
Sorry for this long opinion. I am long on PNLK and is very optimistic about its future. As far as the stock price go, it reminds me of one of the famous investor used to say "buy at the maximum point of pessimism". The same emotional that drive this stock down will one day drive this stock right back up ... Again, my humble opinion only! |
