To: GSmithers who wrote (27786 ) 11/4/1999 8:20:00 AM From: terri acey Read Replies (2) | Respond to of 40688
Hi GSmithers, Can't really answer all of your questions but I can address a few of them. I asked Dave Walker awhile ago about the Y2K issue and he said PNL is Y2K compliant. Just before the Middle East trip with Daley, I asked Glenn about the CFO situation. PNL has interviewed some top candidates for the position and it is one that they intend to fill. At this present time though, they are using their resources and energies to the development and marketing of the company. They do have financial advisors in the interim. How soon will they have a CFO? I don't know. Whether this is the best and most advantageous strategy for the company? Only you the investor can make that decision in your soul-searching of whether to sell and move on, sell and keep some for "a rainy day", or hold and hope their strategy will pay off for those who aren't in immediate need of their cash, and believe this company will emerge as a front runner in the e-commerce global industry. There are many, like Mr. Patience who have sold but are waiting to see where the company goes,and will buy again even if the share price is in the teens....So PNL continues to be on the radar screens of investment companies, brokerage firms,analysts, former investors and yes even mutual fund companies...They are also playing the waiting game as many of us are...except we have taken the risks to invest and play out the scenario.....What will be the outcome? that is the million dollar question....therein lies the dilemma I see for many of the investors on this thread and the other msg boards. I have read your doubts, support, fears, theories, and summations. Only you the individual can make the decision that is right for you. PNL will do things their way. Will they succeed? Alot of people are watching...alot of investors are agonizing.... to sell and buy again, to hold..or to sell and not look back.... ahhhh....the million dollar question...