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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?


To: ER Doc who wrote (110)5/22/1998 11:50:00 AM
From: Dixie7777  Read Replies (2) | Respond to of 40688
 
ER,

You ask if the WSJ article's last paragraph is out of line.

>>Others could make a tremendous profit from ProNetLink stock, if it remains anywhere near its current price. Mr. Collardeau purchased four million shares of the company in August 1997 for $400, or one-hundredth of a cent each. Other members of his family hold nine million shares, purchased at the same price. Even after the
stock's recent slide, at the close of trading Wednesday, Mr. Collardeau's holdings were worth $14.3 million."<<

I have to say absolutely!!

Mr. Collardeau's holdings at the close of trading Wednesday were worth NOTHING. Since they are restricted, until August 1998, they essentially have NO VALUE TODAY. The article is clearly written with a negative bias. Something else other than objective reporting is taking place. I would hope that if PNLK has any recourse on behalf of itself, not to mention it's ahareholders, it deals with it accordingly when the time permits.

Right now guys, customers not shareholders must come first.

Rich