Taylor Stuart Financial Initiates Coverage on Pro Net Link With a Strong Buy
PR Newswire - November 03, 1998 18:23
- Pro Net Link "An Exciting New Cash Machine"
- Strong Buy
- Stock Symbol: PNLK
- Price: $1.17
- Range: 8-3/16 High 5/8 Low
NEW YORK, Nov. 3 /PRNewswire/ -- The following was issued today by Taylor Stuart Financial, a member of the NASD; CRD # 39025:
Summary: Internet stocks are hot! Pro Net Link is a "one of a kind provider" of import/export services over the Internet for companies seeking to establish or expand their positions in serving world markets. The company has established a highly sophisticated Website with a robust search engine that members can use easily to discover trading partners around the world from the Pro Net Link database of over 2.75 million companies that is expanding rapidly. Investment interest in Internet companies has been nothing short of spectacular, as such stocks as Yahoo, American Online, E Bay, and Amazon.com. Shares have experienced meteoric increases in price this year. Pro Net Link is just getting underway. Start up costs are behind them and operating expenses are minimal. Its management team is well versed in the field of electronic communications, import/export and the high tech software programs that can provide all the necessary ingredients for companies selling goods and services to feast on the global pie. Taylor Stuart believes that PNLK can become profitable sooner than other Internet concerns and merits instant attention in the market.
Highlights:
(1) It is estimated that there are 50 million Internet users of products
and services with current projections to 200 million users by the
year 2000.
(2) Pro Net Link provides one of the largest sources of business
information and resources on the Internet. This encompasses data on
products, international forms, custom requirements, compliance forms
and information, finance, insurance, currency rates, transport, etc.
... Plus the advice of experts on many aspects of international
trade.
(3) Companies can become members for only $30 per month or just a $1 a
day. How can any company not afford to join this unique program? If
PNLK can rapidly fill its client roster, they could be the recipient
of hundreds of millions in business in the years ahead.
(4) Pro Net Link also offers banner advertising for a fee to its
membership, with printing for advertisements no matter where the
company is located. Another source of revenues can be referral fees
from international banks, insurance companies, freight
fowarders, forms, manufacturers and other tradesmen given access to
its membership.
(5) Significant savings will be available to members via the use of the
Internet as opposed to the material cost of phone, Telex mails or fax
for conducting business overseas.
(6) Just today, PNLK's President announced its system is fully
operational and acceleration of membership is expected with all the
building blocks currently in place. The company projects a total of
30,000 members in its first full year of operations and believes it
can double that number the following year.
(7) Meetings with major chamber of commerce around the world has
generated great interest in exposing their members base to PNLK
services. Major foreign companies are considering becoming exclusive
agents for Pro Net Link as well.
Operations: The primary purpose of Pro Net Link will be to provide an exclusive database of information to enable its members to seek and find companies, products and services cost effectively throughout the world. Backed by a managerial staff with over 70 years of hands on experience in its field, a network has been created wherein members can expose their business and formulate new contacts directly on-line. This will include display of products and services, a home page, catalog display, price lists and classified ads. Auxiliary benefits will contain data on tariffs, currency exchange rates, product classification codes and commercial rules and regulations of countries. Members will also save the tremendous cost of setting up an in house department to handle such duties. The Website will be divided into centers where in depth data will be available on all pertinent subjects.
All investments involve risk. The risk inherent in a particular security may not be appropriate for you. Please consult with your Taylor Stuart Financial Executive to obtain assistance in selecting appropriate investments.
This report is published for informational purposes only and is not to be construed as an offer, nor the solicitation of an offer to sell or buy the security. The information contained herein is based on sources that Taylor Stuart believes to be reliable, but makes no guarantee or representation about the completeness of the statements or summaries of available data contained herein. This information is provided as of the date of this report and is subject to change without notice. Furthermore, the information in this report should be considered outdated 90 days after publication, or such earlier date as circumstances may require, and should not be relied upon.
Taylor Stuart Financial's officers, employees, and clients own shares in this security.
SOURCE Taylor Stuart Financial
/CONTACT: Taylor Stuart Financial, 800-259-0372/
(PNLK)
ALLEN: (:->..........I LIKE THIS! AN EXCITING NEW CASH MACHINE!
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