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: allen v.w. who wrote (10098)	2/15/1999 11:57:00 PM
From: Warren A. Wilbur, Jr.	Respond to of 40688

"Sky is the limit", VerticalNet lost 5.79 Mill.$$ Stock opens @16 hits 55 to close @ 47. Haaammm...Wonder where PNLK stock should really trade ? VerticalNet Shares Surge by Chris Stamper 2:20 p.m. 11.Feb.99.PST VerticalNet -- which runs niche business sites like Food Online, Pollution Online, and PropertyandCasualty.com -- had a huge initial public offering on Thursday amid continued demand for Internet companies, even money-losing ones. VerticalNet runs 33 sites that offer trade news, job listings, classified ads, and purchasing clearinghouses. The sites cater to industries like oil and gas, bakeries, and sewage-treatment plants. Basically, it's a trade-magazine publisher. It gets 95 percent of its revenue from advertising and had a loss of US$5.79 million in 1997. But because it publishes online and is exploring ways of making money from e-commerce, investors piled into the stock. The company's shares were priced at US$16 Wednesday. Shortly after the stock (VERT) debuted Thursday, the shares jumped to as high as $55.44. In late trading, the stock was at $47.75. VerticalNet sold 3.5 million shares and raised $56 million from the offering, underwritten by Lehman Brothers and Hambrecht & Quist. Richard Peterson, an analyst at Securities Data, said VerticalNet's success is partially based on a resurgence of Internet IPO mania. "The irrational exuberance is back," he said. "The sky's the limit." Another reason for the huge price jump is that a limited number of shares were available. "There are only 3.5 million shares being traded. It makes for a very volatile stew." VerticalNet has partnerships with AltaVista, Excite, Deja News, and Yahoo. Last September, it purchased RF Globalnet, a site targeted at radio and microwave engineers. Venture capitalists who invested in VerticalNet included Koch Ventures, Internet Capital Group Wheatley Partners, and Enertech Capital Partners. The company's president and CEO is Mark Walsh, a former senior vice president at America Online and former president of the GEnie online service.

To: allen v.w. who wrote (10098)	2/16/1999 12:17:00 AM
From: BrightFuture	Respond to of 40688

a little off topic.... check out a company called microvision(mvis). they are leading the field of vrd (virtual retinal display). the image is "drawn" on your eye using a lower powered led...it is pretty exciting stuff..there is an mvis thread on si...

To: allen v.w. who wrote (10098)	2/16/1999 1:17:00 AM
From: Victor Lazlo	Read Replies (2) \| Respond to of 40688

<<Most wired man on the planet Toronto professor wears his computer and receives e-mail through his glasses. By Jonathan Oatis, Reuters Got a laptop? A cellphone? A PalmPilot? Think you're wired? Forget about it. For my money, Steve Mann -- a Toronto professor who wears his computer wrapped around his body and can receive e-mail on the run via special glasses that function as his computer screen -- is the most wired man on the planet.>> Sure. Ultimate wired. And how many "investors" on this thread have their sell points in place? Very few, no doubt. But I do. Good luck. You'll need it when pnlk takes off, and your emotions take hold of you. I will not need the luck. But you are all in denial. Nobody ever responds to my posts on this matter, but I will continue to drum this point into all of you until you cannot stand it anymore. Never fall in love with a stock. And never even get a crush on a bb stock. Bank on it. Victor