To: CigarHolder who wrote (7880 ) 1/13/1999 2:25:00 PM From: The Flying Crane Read Replies (2) | Respond to of 40688
Hi everyone:"But, in the interim the stock price shouldn't be flying down so low that it's got skid marks on its bum." Why not? There is always a reason for the current price level. It could be the 'pp' unloading their shares slowly. Or it could be investors pulling money out trying their luck with other stocks. Or it could be MM playing games. BUT all that don't really reflect the future value of the company. For the long-term holders, short-term price fluctuation, IMHO, should never be an issue. The most important issue is that the company is actively pursuing its business plan. So far, we have FlatTaxMan's friend, ztect, Terri, and Warren who actually went to NYC to visit the office of ProNetLink and they all came back with a GOOD impression! This, to me, is a very important piece of information for any long-term investors here. Here, think about the following. We have high caliber strategic alliances in places and possible more joining abroad the PNLK ship, V3 is coming soon in April with the addition of Click! technology, and investors who visited PNL's office were all very impressed with the officers they talked to. For long-term investors, these are all great news that may contribute to the future success of PNL's concept. These are the news that is music to my ear. What I don't understand is that why is everyone so concerned with current day-to-day price level? I can understand your concern if you are a daytrader or a short-term trader, but trying to tie the validity of PNL's concept to the daily price movement of PNLK is, IMHO, a little unrealistic. Let me give you an example. Anyone pay attention to the stock MBTI? MBT International Inc. is a parent company of AgriMall.com (www.agrimall.com), an agricultural website. It bounced around less than $1 and $3 in December and suddenly it shot up to over $13 in one day when some significant news come out. News that stated 'MBT International Prepares To Launch Online Auction Applications For $300 Billion Agricultural Industry'. Therefore, when MBTI was trading below $1, did that mean the MBTI's concept was not valid? Far from it, the price below $1, IMHO, had nothing to do with the company's business plan at all; but it might have everything to do with investors' inability to deal with UNCERTAINTY . Those who have the confidence, faith, and gut to face the uncertainty are richly rewarded. So, every long-term investors here, if you truly believe in the concept of PNL and the inevitable dominant effect of the Internet Age, IMHO, there will be the day that PNL will do much better than MBTI. To me, current price level is nothing more than random noise that happens from time to time when the weather gets foggy. And once the fog clear, Lo and Behold, the mountain is still there! Again, be patient. Of course, all of the above are my humble opinion only! Remember, To Each His Own And Prosperity to ALL!