To: The Flying Crane who wrote (719 ) 8/9/1998 9:15:00 PM From: Sai P. yandamuri Read Replies (1) | Respond to of 40688
Mr.Patience, Thanx for your response for my post #700. First of all, I respect your comments. By responding with constructive comments, You certainly belong to a different class from those ill-minded PNLK investors (like Pag,Warren etc.) who have nothing else other than making PERSONEL COMMENTS on people who critiscise PNLK. Here is my response : - I usually trade stocks (especially small cap) on a short term basis. That being anywhere from 1 day to 1 year. My only longterm holdings are my mutual funds and they are in my retirement account. - After doing my DD on both WINR & PNLK, I chose WINR as I see WINR having more upside potential in the next few weeks over PNLK. - I agree with you that anybody can guess about future stock prices. However atleast for the record, I have given a target price on AETI and the time duration. You can certainly comment about this if my predictions go wrong. But NO ONE on this thread responded to me with a target price on PNLK. - I certainly like PNLK's concept. That's why I have been showing interest in this stock and would like management to do a better job than what they are doing now to attract NEW investors. I can give a detailed list of PNLK management's failures so far, if you wish. - PNLK made Wall street beleive it had a successful initial launching of its WEB site and its PR (including the president of PNLK) made unrealist comments about signing of corporate members over the weekend, the demand for their Import/Export Web tool etc. with a series of press releases and all this HYPE made the stock go upto $8. Without having their website FULLY OPERATIONAL, they should not have HYPED this much. Traders of PNLK got used to this kind of Publicity. In my openion, PNLK should have waited before releasing all the promising news until their website development has become fully operational. Instead, their management did not want the street to lose focus on their company. But Unfortunately, PNLK's management did not backup their statements in a timely manner and the result is what we are seeing in its stock price. - A startup company like PNLK can not afford to make these PR blunders and by the time they realized that their PR HYPE was going too far than the ACTUAL Website development, It was too late. - So far the PNLK management's failed to execute their business plan on a timely basis. It is rather SAD to see such a BAD management for such a GREAT concept.