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To: Keith Sprague who wrote (88)5/21/1998 8:30:00 PM
From: heatseeker  Read Replies (1) | Respond to of 40688
 
7MM shares in the float....

Any body want to venture a guess as to how many of these 7MM shares us SI PNLKer's hold?

We could simply do a survey here on the thread, but of course that would not include any lurking non-SI members.....but it would be start.

7MM shares is not a lot, and I'm guessing that within SI, we probably own at least 2-3MM of those shares. I would expect that with a couple of positive press releases, and only 5MM (or fewer) shares to be had, we could see a nice run-up over the next several weeks.

Jon



To: Keith Sprague who wrote (88)5/21/1998 9:23:00 PM
From: out_of_the_loop  Read Replies (1) | Respond to of 40688
 
FOLLOW-UP ON DJ ARTICLE

I spoke with both the writer of the Friday DJ story and her editor.
Both were very nice and well-meaning. The reporter did not appear to be familiar with C&D as shorters. The editor was familiar with C&D, and we discussed the merits of both pro and "con" point of view. During this pleasant discussion, it became clear that a "con" point of view should not be sought only from a known shorter in a stock from such a volatile area. (BTW- C&D should be cons, but the type wearing stripes and making license plates!) I think she understood that readers who were potential investors might not be aware of C&D's past actions and thus would trust in them as "analysts".

I left the conversation feeling that something would be done for future articles in terms of better researching of sources. The damage to PNLK has been achieved by the shorters in the long run, but has created a wonderful buying opportunity for the patient investor. This is such a young sector and this will be just one bump in the road...