Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ztect who wrote (978)	8/15/1998 4:37:00 PM
From: Sai P. yandamuri	Read Replies (3) \| Respond to of 40688

ztect, I agree with U that the development of a product of this magnitude is never a done deal. If so, Software professionals won't be in such a great demand. I don't know a whole lot about OTC. But on NASDAQ, I have not seen any company started trading unless they have atleast one successful product in the market and have revenue stream already built in. So that leaves 110% speculation on those OTC stocks that have products in developmental stage, let alone any revenue stream. As someone mentioned, SEC is going to make a tougher rules against those OTC companies that do not generate revenue stream for a longer periods of time. It sure will be for the best interest of investors for SEC to do this. I have this opinion(U may disagree with me) that a company with good vision & a concept to develop a product will first go to PRIVATE VENTURE CAPITALISTS instead of going PUBLIC on OTC. If the concept is great and if they can market the product once developed, I am sure they will be able to attract more private capitalists initially. And once the company established revenue stream, then they go to public on NASDAQ, NYSE or AMEX. By that time, companies have established some credibility and are not purely speculative. Coming back to unproven OTC stocks, It would be rather difficult to say whether a particular concept will be a huge success or not. First challenge would be development. I don't view this as a major problem because a good development team does their best job whether they are at AAPL or MSFT or some other company. So, that leaves the vision of management & good marketing skills including releasing the product on a timely basis. Pretty much everyone knows the technology AAPL brought in the form of Macintosh and they were way ahead of MSFT at one point. So, What was the difference ? the management. AAPL's management made one of the BIGGEST BLUNDERs of this century by not allowing their 'Mac' op. system(this is much like WINDOWS) port to Intel's x86 platform.i.e PCs. Reason being AAPL wanted to sell more of their hardware and are less concerned about PCs. WINDOWS was released much later on PCs and we all got used to it. Later on WINDOWS 95, NT etc. If 'Mac' was allowed to port onto PCs, who knows we may be talking about MAC 95 ?!! Most of the times, It is not just the technology but the management is the key to success of any company. Ofcourse, By all means, I am not telling anything new that people on this thread are not aware of. Speaking about PNLK, Assuming they come out as a winner in developmental phase, It is upto the management to market this product vigorously. In this connection, I will appreciate if someone can post what their nearterm marketing plans are. I also hope they are working on strategic relationships with other companies as well. With the unproven/startup companies like PNLK, there is no track record and hence WHAT U SEE IS WHAT U MAKE AN OPENION OF. So far, I have seen management(including PR & Marketing) failures and I sincerely HOPE that will change with PHASE II release. Any comments, Pl. welcome.