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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter
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To: Roy F. Baker who wrote (17118)4/25/1999 2:40:00 PM
From: Ted M  Read Replies (3) of 40688
 
'World leaders tend to have a few shares outstanding'

Right you are! If PNLK comes to be seen as a or the world leader in this market, the current number of shares outstanding will be perceived as miniscule--ie the price will go WAY up due to a greater percieved market value (price * shares) IMO. Until then, the number of shares outstanding is a concern to me, and may keep the price down. However, even though it will take years for the industry to really get 'big' it looks like we won't have to wait too long for the perception to arrive. Look at Realnetworks, look at EBAY, look at E-trade--all just a few months ago still had trailing revenues of under $100 million (very small for a huge market), but look what happened to their market caps once the market decided they are the leaders. I'm hanging onto this one even with the ever-present caution.

Ted
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