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

To: ztect who wrote (4707)	5/17/1998 12:30:00 AM
From: Gr8Karnac	Read Replies (1) \| Respond to of 8242

Copy of e-mail to SEC (enforcement@sec.gov)... The purpose of this e-mail is to inform the SEC about the behavior of Chatfield Dean & Co., Investment Bankers (Englewood, CO) during the period of May 13-14, 1998. During this period, Chatfield Dean issued back-to-back sell recommendations of PNLK (a Bulletin Board OTC stock) in the form of press releases, one on May 13, and the second on May 14. It is my belief, as well as a significant number of other shareholders who are members of Silicon Investor, that the motivation behind these recommendations was to create panic among existing shareholders in order to cause a significant drop in stock price, allowing them to materially benefit by shorting PNLK. Prior to the two press releases, PNLK did experience a significant rise in price due to the anticipated announcement of the launching of its newly created website. As of the end of trading on May 13, 1998, the closing price of PNLK was just shy of $7.50, which allowed the stock to be shorted. After the end of trading on May 13, 1998, Chatfield Dean issued their first press release with the sell recommendation of PNLK. During the next trading day (May 14, 1998), the stock price decreased to just under $6.50 at closing, and during the following trading day (May 15, 1998), it dropped to a closing price of $4 21/32. What is most particularly suspicious about these significant price drops is the fact that they occurred despite the fact that PNLK did launch their website on the date of May 15, 1998 as promised in previous press releases. There is a wealth of additional information available on the Silicon Investor website (http://www.techstocks.com) which can be located by using the Silicon Investor search tool and typing in PNLK. I certainly cannot prove that these accusations against Chatfield Dean are true; however, their actions appear quite suspicious. Your investigation into these matters for possible market manipulation would be very beneficial to the shareholders who strongly believe in the future prospects of ProNetLink. Thank you for your consideration of these matters. Sincerely, Mark Karnacewicz

To: ztect who wrote (4707)	5/17/1998 11:26:00 AM
From: Zeev Hed	Respond to of 8242

ztect, a word of caution, copying the SEC on your letter might easily backfire. Such letters brought about trading suspension in stocks like RMIL, GRNO and few others. If you know some of the company's officials, at least you should advise them to terminate (or start) every news release with the "safe harbor" statement ("everything we say relative to future events is conjectural and reality might be quite different") . Without this "safe harbor" statement they are exposing themselves unnecessarily to future litigations. Zeev