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Microcap & Penny Stocks : ProNetLink..(PNLK) -- Ignore unavailable to you. Want to Upgrade?


To: Go Fast who wrote (1558)4/30/1998 5:08:00 PM
From: Lane Hall-Witt  Respond to of 8242
 
From my perspective, I see myself sitting on 200% gains at a level ($3 per share) that will probably serve, give or take a little, as a base for the next run on this stock. I expect that upcoming run to begin sometime over the next two to four weeks, as the PNLK site generates more excitement and ultimately goes live. There's absolutely no doubt in my mind that the release of this site will be a great event; this dwarfs the ambitions of the book, music, and garden-tool merchants; the online advertising firms; the e-publishers; and potentially even the search engines (well, until Yahoo! becomes fully integrated with Wal-Mart and Citigroup, at least).

Remember, right now we are investing in a company that has a bold vision and the conviction to put two years of time into that vision. There's no guarantee of success. But this vision is on the money; it's a "proper" use of this technology. I am willing to assume risk in a company that has the right idea and the courage to invest a great deal of time and creativity in this idea. PNLK looks to me like it has been willing to pay its dues: there is precious little glory in a ramp-up process that takes two years. That, in the end, is what gives me a strong feeling of confidence in this venture. There are just no signs that this company is flying by the seat of its pants, and that's unheard of in the Net business.

Combine this patience (work ethic) with the right idea, and I like our chances.