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

To: TsioKawe who wrote (10017)	2/14/1999 8:09:00 PM
From: Ted M	Read Replies (1) \| Respond to of 40688

While it is just a guess as to what will happen with PNLK I think the price is determined at this stage of the game based on 1. outstanding shares 2. perceived potential vs the marketplace and 3. proximity to and magnitude of recent and forthcoming news. While I was planning to buy a boatload at .63 to add to my fairly small position, the AT&T news foiled that goal. although it looked likely to tag down to that level in a few more days. I bought in immediatly when I read the news and sold much of that at 2 3/4 and 2 1/8 in the 2 days following. I reasoned that the 3 factors above would result in a percieved value range of 1.5 - 2, which it held until recent days. I bought back in fairly large on Friday at 1 5/16 and 1 1/4, because I think the 1.5 - 2 range is still reasonable and that movement above that range will occur as the big news approaches. I also agree with many here that PNLK likely will flood the market with what they have to offer. It's anyones guess but I believe it will likely go above 5 in less than a few months. Where it settles will depend on the specifics of the news. Not a real informative post, but at least this on is on topic. JMO Ted