To: xyz who wrote (21117 ) 6/27/1999 7:27:00 PM From: thebeaver1 Respond to of 40688
ALL, I read the entire SEC filing for PNLK and it has some very interesting statements that I find both promiseing and of concern. By far I am not a financial analyst; I don not claim to be, however even thought, I can't ignore, that revenues as of 9 months ending March 31, 1999 are only $13,500 with a loss of 1,038,778. Granted this is prior to V3, I realize that. My point is the Internet B2B is not standing still (neither is PNLK), PNLK as they have stated themselves needs cash to pursue its business plan and they need it quickly. They have identified their 4 cash streams; it is my opinion, with the limited amount of information that I have (and only pnlk has) that pnlk needs a investor the likes of CMGI in order to bring in the necessary cash to spend NOW, so they can stay ahead of any competition that may be lurking. I donot under estimate VERT and even thought PNLK does not identify them as competition, you can rest assured they (PNLK management) will be glued to CNBC tomorrow. No telling what VERT has to say, I just hope it doesn't have a negative impact on PNLK. Remember VERT has tons of available cash. The last time VERT was on CNBC it had no effect on us at all and it so it could be the same tomorrow (which is what I really expect). In either case we should not underestimate the competition. We know what our PNLK management is capable of and they aren't sitting still. I think it is interesting that they are getting ready to hire 5 additional employees of which one is a Chief Financial Officer, a very important postition especially for a NASDAQ listed company. I could go on and on listing all the neat statements on the SEC filing but I will leave that for another time. As always I am long and cautious. best to all gl and cual thebeaver1