To: Peter Mui who wrote (6510 ) 6/3/1998 11:27:00 AM From: Lane Hall-Witt Read Replies (1) | Respond to of 8242
Steady as she goes, all. The price is being walked down on very small volume today. Mind games. Let's be prepared to wait on news. Frankly, I was very surprised they announced the opening of the news service the other day. PNLK really is not in a position where it can put out much news right now because of the Dow Jones holy war against hype, corruption, and the American Way. If the news is a trickle for the next few weeks -- well, there is an excellent reason for that. We will at some point start to see subscription numbers, and that's when things will get interesting. Let's also take it easy on Peter M. He has consistently graced us with informative and insightful posts, and his comments on the PNLK site were in that vein. I don't think he's being malicious in any way: just sharing from the perspective of someone who seems to have some experience in trade. He certainly isn't discounting the possibility of any long-term success for this venture, and that is important. For the record, I have written privately to PNLK/Proxicom/Glenn with considerable feedback about the site, and they have worked hard to address the issues I have raised. Some of these things are still not "fixed" -- but I trust that they are working on them, or that they have their own reasons for discarding certain suggestions I've made. The important thing, to me, is not that they have a perfect site at this point, but that they're taking feedback seriously and are working to improve the site as we move forward. That responsiveness is a very important sign of good faith, in my opinion. I don't have much time to post these days, as work has become very hectic. But I appreciate all of you who are working hard to keep things focused on the big picture.