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To: mike devage who wrote (35663)6/19/2000 12:19:00 PM
From: RidgeRunner  Respond to of 40688
 
mike devage & ZTECT, please stick around.

Although your posts are not well received by all here, your probing questions are legitimate and should be answered by PNL management. The problem may simply be that Glenn needs to maintain a facade of everything is just fine while he tries to grow the company before the money runs out.

THAT, to me, is the key issue: burn rate. Although PNL appears to have been good at controlling costs and stretching their cash, it all comes down to how much time they have left to establish adequate revenue to sustain operations before the well runs dry. We see the same problem across the dotcom spectrum of startups - funding drys up before the "next cool idea" has a chance to make money. PNL is no different than the others in that regard.

So, investors should all be concerned about this most basic of issues: How much time is left on the PNL clock? It will determine whether our shares have a chance to appreciate significantly or become the subject of wistful "what might have been" family legend stories in the generations to come...

RR



To: mike devage who wrote (35663)6/19/2000 12:30:00 PM
From: ztect  Read Replies (1) | Respond to of 40688
 
A Valuable Lesson Being Taught at Cyberian U.

Message 13901507