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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter
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To: FlatTaxMan who wrote (937)8/14/1998 11:13:00 AM
From: Sai P. yandamuri  Read Replies (3) of 40688
 
Hi FTM! U are right on the money with your views about software contractors/consultants. Yes ! I agree with U that in the long term this switch to 'Rare Medium' may work out better and it definitely takes time to have a better matured web tool. All my views are strictly for SHORT TERM ONLY. Reason being BB stocks will not get too many opportunities and won't be considered as longterm investments unless they move to NASDAQ. First of all, In my openion, a matured company will start trading as IPO on NASDAQ/NYSE/AMEX not on OTC. The very reason a company starts trading on OTC, It is more likely that they have no revenue stream and they have a product in the process of development and is looking for capital to invest in it. These issues are highly speculative and thus can be viewd as SHORT TERM Investments only. I hope U all agree with me on this.
In PNLK's case,U agreed that initial site was a let down. Now company will get one more chance.There is no doubt that PNLK's stock price will go up as PHASE II delivery date approaches (the least some SHORTS will be covering) but again unless PHASE II is a SUCCESS, Stock price will not sustain upward movement and it will be a another PUMP & DUMP scenario.
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