To: Buche' who wrote (9404 ) 2/5/1999 8:17:00 PM From: May Tran Read Replies (2) | Respond to of 40688
Buche, I hope you didn't mean our Allen with a PNLK related web site, did you? LOL, just want to cheer up a little after TK's post. Many insiders file 144 to sell their shares. We all know they got the shares with a very special discount. At 20 cents per shares, they can gain 650% profit at the current price. What else can they ask for??? I don't think it is the case that they don't trust PNLK's management team. But with the craze internet stock, one would like to have his/her shares at the ready to sell off when it hits a particular price. So far, I haven't see any of those 144 filers sell any of the stocks at this current price. Unless someone else has level II and can share the info, other than that, I take my stand: None of the shares were sold. Last time when Warren visited the office, Taylor had confirmed on the the 144 list that none of them are JPC's relatives. That's mean those lock up shares still in effect. The 144 list to sell is not Restricted shares. those are people who happen to work or invest in the company. We do not know whether they are bound to any restriction to sell their shares. One last word for you, Buche. He would only thank you if this stock makes him money. But you would have lost a friend if this stock makes him lose money. The risk is not equal with the gain. I'll try to avoid it. I agree with James on the take of advising others to buy on this stock. I had the same experience with my sis, my friends at work. I kept told them to buy when this stock was standing at .85 for almost a week. The down side is minimal but the up side is huge. they can make to 1.20 easy. 50% gain but they didn't like that. The day after the run up, many called me and ask what price can they get in. It much tougher for me to make that call. Same experience, same story. With the stock market like right now, no one can really tell what will happen tomorrow. Happy Investing, Johnny