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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?

To: James Simonick who wrote (22538)	8/4/1999 4:33:00 PM
From: NOXQUSE	Read Replies (1) \| Respond to of 40688

Will the price have to close above $4 or average over $4? Can't the MM's do funny things at the close?

To: James Simonick who wrote (22538)	8/4/1999 5:12:00 PM
From: Neil Cassady	Read Replies (3) \| Respond to of 40688

SEC approval: >Do you know of a way the company can do something to maintain the required $4 price for 30 days after SEC approval< For an OTC stock with the trading range of PNLK, the only guaranteed way of holding the price above $4 for 30 days is a reverse split that pulls its price high above any possible drop. GLBN has just gone through this maneuver with a 6 for 1 reverse split. Even with the recent collapse in internet valuations, it is still holding at a comfortable level while the process unfolds.