I will start by admitting I am a momentum trader of this stock, but since I still hold it, this is not a negative post.
After reading the news release, I went and researched the services offered on the AT&T web page. If you go there and read about their Web Site Services, you will see that what is described in the news release is part of the standard offering that any customer can buy.
However, that doesn't mean this is bad. PNLK will be getting a backbone network, ecommerce software, and I believe programming support. So what if they are paying for it? Who cares if others can get it? What they do with it is important.
Maybe they got a better price, maybe not. Maybe AT&T has an interest in the final product, maybe not. We don't have the answers to that.
Yes, the news release was issued by PNLK and not AT&T. However, the release was linked to T, so it gave good exposure to anyone following AT&T, which just happens to be the widest held stock.
The quote in the release by AT&T probably doesn't mean more than it says..perhaps just a supportive marketing statement. However, do a search on past AT&T releases, and other news releases linked to T, and check if their are other companies with this service with a quote from AT&T. I did not do this, but my suspicion is that the count isn't many.
So, let Mr. Coffee_Pot post all he wants. What he is saying is true, but not a negative for this stock. My experience with SI has been that anyone who has to keep posting the same info to any thread, with no additional information, and where the poster doesn't own the stock or have a previous negative history with the company, only indicates a selfish, malicious motive. They are not looking out for anyone but their own egos.
OK, I guess I said enough for my first post to this thread.
Judith |
