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


To: Rudy who wrote (563)8/4/1998 2:20:00 PM
From: stockman_scott  Respond to of 40688
 
I continue to hold a lot of my PNLK shares. I am not one who gets in and out of stocks often. My tremendous gains on DELL and MSFT allow me to experiment with some riskier and more unproven stocks.

A number of weeks ago I talked with PNLK's CEO and was impressed with his vision and plans for the future. My ave. purchase price on my remaining shares is obviously much higher than our current price. Yet, I'm in this for the long run. Later this month when V.2 of PNLK's site is launched and new more focussed marketing efforts are deployed we can expect renewed investor interest. IMO, this company's LT potential is still outstanding.

I'm Long on PNLK for the Long run.

-Scott



To: Rudy who wrote (563)8/4/1998 2:30:00 PM
From: Paganini  Read Replies (1) | Respond to of 40688
 
Hey Rudy!

SEEYA!



To: Rudy who wrote (563)8/4/1998 2:46:00 PM
From: Planter  Respond to of 40688
 
Hello Rudy....I am Idaho Pete...I have told you several times that I think you are a smart person. I continue to do so. I am sure you would agree that to disagree is not an insult to anyone. I am still going to ride this horse till it falls, or, gets it's second wind. I won't bore anyone with my strategy, but anyway......

You know, there is an old saying that I feel applies to many that post. "When you argue with a stupid person, make sure he is not doing the same thing."

I had an opportunity to chat with pete2 this afternoon. Rudy, I know that this person respected you because he showed disappointment in you referring to him about getting out. He did say to tell all that after review, his loss was not at 50%, but, 29%. That's OK I guess...and so it goes......

Tess.....thumbs up to you......sincerely, Idaho Pete



To: Rudy who wrote (563)8/4/1998 4:44:00 PM
From: The Flying Crane  Read Replies (2) | Respond to of 40688
 
Please allow me the opportunity to comment on your statement below:

Among more than a dozen books I read on investing/trading, I noticed one common advice repeated over and over: Sell your losers fast, ride your winners. Cut losses fast. Capital preservation is very important.

If you are a daytrader or short term trader, the above statement is THE RULE to follow. However, when dealing with an upstart company that is dealing with a revolutionary concept or product, IMHO, a different strategy is called for.

As we all know, ProNetLink is a brand new concept and anyone who invests know that it is going to take time for the company to build up its businesses. As of now, the company is still in its infancy. Until the marketing blitz starts and subscription numbers are reported after Phase II completion, we will not have enough information yet to denounce the concept of PNL. This is a company for investors who believe in the potential of the PNL's concept. It is fate that some of us bought in as a higher price because the market price for PNLK was higher then. But many long-term investors bought the stock because they ACTUALLY BELIEVE in the validity of the concept. It is always so easy to look at hindsight and made judgement from it. If we all have the prescience to foresee the price decrease, we (long-term investors) will all be VERY HAPPY to wait for today price action to jump in for the long haul. The fact of matter is that we will never know what the future will bring us except with the knowledge that the concept of PNL is a VERY GOOD IDEA giving current development in the internet field.

IMHO, the strategy that makes the most sense to me when investing in an upstart company like ProNetLink is to think of it like a 'private placement'. Many upstarts in the early days such as Apple Computers and others were financed by venture capitalists who invested in 'private placement' before they went public. 'Private placement' is a way to presents investors with opportunities to acquire shares in companies directly from the companies. Those who invested in the 'private placement' know what kind of risk they are getting. And they are willing to take the risk for the stellar return if the products or concepts take off. However, they are spared the emotional roller coaster of daily stock price movement because the stock is not trading in the stock market yet. Usually, these 'private placement' are reserved for those with deep pockets! And the general public will have to wait for the IPO to participate in the great product idea.

So, to those long-term investors in PNL, consider ourselves lucky that we don't have to have deep pockets to take advantage of the 'private placement' and that we are spared the high price of an IPO. The ONLY expense we have to pay for being able to get in early as any amount of money we choose to invest is the fact that WE CAN look at the daily stock price action. The reason most IPOs came out at a high price because they already established themselves in the market place. Can you imagine what the price of PNLK is once ProNetLink establishes itself in the market place!

So, I have to disagree with Rudy not because of the rules he/she lays out, but in the strategy of investing in an upstart company like ProNetLink. If you try to apply THE RULE of investing in an upstart company, you may be able to cut your loss short, but you also take the RISK of missing out the BLAST OFF of the price movement. As we all know, chasing the stock after the blast off has its own RISK!