To: The Flying Crane who wrote (1028 ) 8/16/1998 1:18:00 PM From: Sai P. yandamuri Read Replies (2) | Respond to
Mr.Patience,With all due respect, I just would like to know your definition of 'longterm' investment. IMO any investment with a period of less than one year is considered to be 'Shortterm'. I assume U are here in PNLK for more than 1 year. IMO one should take stock price & Analysts opinion into consideration while evaluating whether to invest in a company for a longterm or not. PNLK is not a proven company for us to say that we don't need or we don't care for a third party/Analysts opinion to evaluate their business goals. Analysts are FULLTIME PROFESSIONALS and it is their job to follow these companies closely. If they don't do good work, they will lose their jobs. A lot of companies, especially startups like PNLK do have aggressive business goals but a majority of them fail during implementation phase. From your previous post, I understand that U care less about stock price than knowing about their business goals and being in the stock for a longterm. I respect your opinion on this but will have to disagree with you. For e.g., If I put $X into an unproven/startup company like PNLK and say it becomes double or triple from my purchase price in no time, I definitely would consider taking some profits.
