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


To: bsgenius who wrote (6633)6/5/1998 6:12:00 PM
From: Lazlo Pierce  Respond to of 8242
 
<<I recommended PNLK to my elderly parents for a can't miss quick hitter, now I'm too embarrased to even call them anymore!>>
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While I feel for you (really), there's a few lessons here that I hope all who've been on this rollercoaster have learned. The main one is there is no such thing as a "can't miss quick hitter", especially on OTBB stocks. Also with these they ALWAYS come down just as fast as they go up after the momo leaves. Coulda made money on the original investment too. Also (and I don't know what situation your folks are in), one should be able and willing to afford to lose most of the investment in case it turns against you. Good Luck, I really hope this one comes back!

Dave



To: bsgenius who wrote (6633)6/5/1998 6:20:00 PM
From: James Simonick  Read Replies (1) | Respond to of 8242
 
IMO, the only thing you'll wind up losing is more time than you expected to wait. Personally, I believe if proxicom could deliver a completely finished product in 6 weeks they would be promoted to global programming geniuses level (work for controls company - have done programming for years). My point is only that the job is big, but will be accomplished. I wouldn't be surprised if subscribers leave in the early stage, but would be surprised if they did not come back when the buzz is that everyone else has started, including their competition. Just a natural path of events. The numbers in the dip will probably be pale to the ensuing sign-up rate as it nears full functionality. People/companies getting in earlier will be ahead in the learning curve with their people and the advertising benefit of the site. In addition, if some changes take place in the billing aspects as time goes on, early birds may find themselves 'Grandfathered' in to their original contract prices as a thank you. Only speculation here to illustrate some possibilities that seem to merit mention. In any case, best wishes to you. I have many shares over 5.5 also, but am sleeping at night OK.



To: bsgenius who wrote (6633)6/5/1998 11:01:00 PM
From: Seal  Read Replies (1) | Respond to of 8242
 
bsgenius, huh? I must say that reminds me of the perfect name for my father! Especially sorry about the recommendation to your parents. I almost made the same mistake. Not that PNLK is a mistake, just that I mentioned it to my father hoping that he could make some money while he sits on his Yahoo investment at $127 a share. OUCH!

As many others, I wish that I would have sold at $7 or $8, but I didn't because I was afraid I would not be able to buy back in at a reasonable price. I have the majority of my shares at $3.43, but also have a fair share at $6.0625.

Moral of this story, I guess, is that watching the stock day after day can be a bummer, but it's next to impossible not to watch. That's one of the reasons I enjoy posting to and reading from this thread because it is, for the most part, uplifting.

There is no need for us to even try and predict when and if PR will be released. GZ is very professional and I believe that his credentials speak for themselves. I was worried at first when he didn't respond to the negative publicity, but actions do speak louder than words and hopefully we will reap the benefits shortly.

Hang in there and good luck to you and your parents!