(Bill, remove the celephane wrapper first... )
Puff, puff, hello, all..
Reading my local paper, The Cleveland VERY Plain Dealer, I spotted a "spotlight" article on AMAZON.COM. Interesting stuff and, perhaps, some correlations to PNLK. Since it hard copy I can't post all or link it so here's some highlights:
On internet stocks - "if you invested $11,500 in AOL went it first went public in 1992, your investment would be worth about $4 million right now."
AMAZON .COM is exclusively sold over the net ( like PNLK)
AMAZON got their message out at a time when the market was not very cluttered (like PNLK, who else is doing this well?).
As other people begin to emulate their business model, it will be a bigger challenge to to grow.
Amazon opened in 1995
Marketing takes up the lion's share of expenses for Amazon.
Amazon has over 4.5 million accounts.
Amazon works hards to earn the confidence of their clients.
Amazon went public in May 1997 @ $9 share ( adjusted for a 2-1 split last June. Last Friday, the stock closed at $126.44.
Personal observation - Amazon was a pioneer and could hold the keys to success for PNLK simply by copying their business model. When Amazon started there was no competitor of note. It seems they spent a lot of $$$ in marketing and getting the word out. When they had enough momentum for critical mass, they went IPO.
I won't go so far as to see a definite parrallel between Amazon and PNLK, but, heck, there are some interesting similarities that PNLK could capitalize on. However, I think the big deal is that Amazon spent huge $$$ on marketing and promotion. They satisfied clients COMPLETELY. PNLK, is just beginning, but IMO, they need to raise more $$$ before any thought of IPO or NASDAQ.
So, (hack, hack), any thoughts or inside information on raising $$$ or related?
Gotta go ( c'mon, baby, light my fire) |