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Technology Stocks : Preferred Networks (NASDAQ:PFNT) -- Ignore unavailable to you. Want to Upgrade?


To: Catfish who wrote (63)2/2/2000 12:26:00 PM
From: a.m. fisher  Read Replies (1) | Respond to of 107
 
Good luck with your PFNT ... having caught it at the top of 1, I can't hide my disappointment with this stock. I bought w/out doing ample enough DD ... but on my own decision and volition.

Having done the research, I find nothing remarkable about this company. The OTC market is full of companies promising great new technologies that save money, but rarely can they deliver. Management has so much turnaround and so little going for it that I have big doubts they will be able to deliver the goods. Therefore, my assessment is that is pure pump and dump. A broker I know said his son has been buying and selling this company, and his son is a classic P&Der.

I will hold though. I would rather hold through the pain and hope for the gain than sell at a loss and regret the cost.

Best luck to you and to all of us - WE NEED IT!!!!
A.M.