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To: Ted M who wrote (24028)9/2/1999 9:11:00 PM
From: James Simonick  Respond to of 40688
 
The train is rolling in any case, and picking up speed. I agree that building the business is the foundational support mechanism for the stock value. However, value is a combination of the achieved and the perceived (speculative) side. Thus, the early birds get the worm. In this case, some early birds may have to wait a little longer because they're letting the worm grow instead of eating it right away.

It is always a shame to be out of the market when your stock pops, and PNLK has the characteristic of going hard and fast at any time. I believe that is because many people know where this is going long term, that it will take some time, and stress about using money to make money while sitting on the edge of the seat to try to be there when this one goes. I am confident that millions of shares are being held as investments in IRA and ROTH accounts. I am glad that many people have caught the vision and squirreled them away (like me) for an extended (years) period of time. I really think these long positions will be quite pleased as time goes on.

And for now I wonder who will be the first fund manager to add a significant amount of PNLK to their fund. We all know how droves follow after a good trend is started, but who has the vision and conviction to herald PNL as the company to own on a large scale? Who put that 2M share buy order in that was cancelled on 8-9-99? I acknowledge that this is rhetoric as a question, but have been wondering who put their toe over the line for a second? When will the first real big buy come through, and who will the man (or woman) be to push the button and commit? Congratulations to them in advance. Others will pay more certainly, and gain less (with somewhat less risk argueable). Enjoying the scenery, looking forward to what unfolds. In for the long haul. -Jim



To: Ted M who wrote (24028)9/2/1999 11:25:00 PM
From: Roy F. Baker  Read Replies (1) | Respond to of 40688
 
Ted, I have almost given up on trying to predict stock prices. It has often amazed me as great news and profits for companies only cause stock value to erode. Than a company will be in the "in" industry and will be valued so high it makes no sense.

I refuse to jump between different stocks hoping to hit the correct timing to make a few bucks. I'm almost fully invested in a group of stocks which I consider to have potential - i.e. solid business plans, some are old stand bys' and still a couple I'm hoping for a lightning strike.

I agree business plans are important. Execution of that plan is essential and so far PNLK has been executing like a Super Bowl contender would IMHO.

In any case I'll just sit here and hopefully know when to hit the sell button when it's time to move on.

Regards,
Roy

EDIT: Everyone be sure to have a nice Holiday Weekend!