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

To: jwk who wrote (17730)	5/3/1999 10:27:00 AM
From: Bob Mohebbi	Read Replies (2) \| Respond to of 40688

Not just any news will move this stock. They need to show the market some profitability. That is the key to higher stock price, NASDAQ listing and much more. I am sure they will show off their numbers in a very near future. JMO

To: jwk who wrote (17730)	5/3/1999 12:03:00 PM
From: RidgeRunner	Read Replies (2) \| Respond to of 40688

jwk, I agree that we will likely drift lower, at least for another 10 days or so. The chart patterns are pretty consistent. Someone earlier asked why PNLK had not taken off without bouts of profit-taking. I think new potential buyers doing their due diligence may be worried about two different issues. The first involves the lack of auditable numbers for registered customers, revenue, and profit/loss for the first year of operation. We are finally getting some numbers after the IBE99 about site hits and NEW customers, but still have not seen any TOTAL figures from which to perform analysis. The second issue is the "locked up" 15+ million shares held by PNLK management and insiders that will be "unlocked" near the end of June. Even though we have discussed this previously and come to the conclusion that it is unlikey that these shares will be sold (and thereby greatly increasing the "float"), until we see an extension of the "locked-up" status of these shares, they will continue to be a concern for new PNLK buyers. Obviously, it is in the best interest of management to keep these shares from weighing down the price of PNLK (which they need to keep above $4 in order to qualify for NASDAQ listing). So maybe we will see an announcement of a "locked-up" extension in the coming weeks. Anyway, any weakness is a chance to buy more shares at a bargain price before the next rally based on REAL earnings. This stock is one for the kids college fund. JMO, RidgeRunner