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To: Roy F. Baker who wrote (18901)5/24/1999 3:08:00 AM
From: The Flying Crane  Read Replies (1) | Respond to of 40688
 
Hi everyone:

From Mark Konrad of post # 8221 of the other PNLK thread.

>>"PNLK and its long term investors (us) will simply have to put up with all of the vagaries of the OTC Market for the privilege of having been in on the ground floor before the inevitable wave of "conservative" investors and institutions."<<

IMHO, once the advertising campaign starts in June and full reporting is completed, 'conservative' investors and institutions will begin to take note. While some will be waiting for some sort of revenue numbers, other more aggressive ones may start to buy beforehand. Besides full reporting, revenue number is what we need to legitimate
PNLK's business plan in the eyes of 'conservative' investors and institutions. Somehow, in the world of Internet stocks, profitability doesn't seem to matter at this point. The buying pattern of internet stocks seems to be saying that investors/speculators want some sort of proof that the website has the required "Internet Presence"- and revenue number provides that proof. Real revenues or hard dollars will carry a lot more weight than potential revenue. Once the "Internet Presence" is proven, the next wave of money coming in will be to bet on the magnitude of future revenue. And this will be the beginning of the price rise everyone here is waiting for. So, I will be very patient waiting for the first wave of revenue to show. It may take many more months than we expected; to me, that is fine. But once the revenue stream starts to show its head, watch out!

In regard to technical analysis (TA), if it helps anyone in timing his/her entry or exit point, good for him/her. However, using TA to pick bottom, IMHO, is no different than flipping a coin to decide if bottom is reached or not. To me, it is still a 50/50 proposition. My take is that money management is the most important factor in investing. There is no way anyone can pick a bottom on any stock to buy. Yes, you can be lucky sometimes. The best you can do is to discover the stock that has the potential to go much higher. And usually, by the time you discover any stock, some of the trend has already been established. To wait for it to go lower is to risk paying more for it later. And to buy immediately after discovery is to risk paying too much if the stock begins to correct. Which is which? Well, one method is to buy some now with the expectation that the price may go lower later. If it does, then you have an opportunity to buy some more. If it goes up and you don't want to chase the price; you have at least the comfort that you own some.

Basically, in the world of OTC-BB stock, you are buying the fundamental. In short, buy and hold is how I will play it. Then again, buying and holding an OTC-BB stock is not everyone cup of tea. It is VERY RISKY. SO, the key element to look for is the validity of the fundamental. So far, I believe PNLK has a lot of 'validity' based on past performance to date. The next big step is to see this 'validity' embrace by the subscribers and businessmen around the globe.

At the risk of being too repetitive, we are heading toward the millennium where Internet will become the backbone of everything we do. By comparison, at this stage of Internet development, it reminds me of the time when Intel just unveiled its latest product, the 386 chip. It was a stunning improvement over the 286 chip then. With the 386 chip, the Windows or Graphic User Interface (GUI) was born. I will compare the Netcast and PNL Live! features to the GUI of the old days. In due time, Netcast feature will be just as quick and clear as a high resolution TV. Video phone will be as smooth as talking to some one live on TV. Jerky screen movements will be a thing of the past. In other words, the 'Pentium' of the Internet is really not that far off from where we are now. And it is just a matter of time before everyone in a household or business realize that they MUST have a computer and internet access just to do the basic transaction- like paying your utility bill, etc. When that happens, anyone dare to venture as to the price of PNLK?

The above is my opinion only.

Remember everyone,
To Each Your Own...

And

Prosperity to ALL!

btw: terri, thanks for your kind words... I am only as "sage" as the next loyal PNLK supporter/believer... In other words, there are many "sages" in the PNLK thread that I enjoyed hearing from also... Godspeed to PNLK!



To: Roy F. Baker who wrote (18901)5/24/1999 7:19:00 AM
From: j7119  Read Replies (2) | Respond to of 40688
 
Roy, sorry I took awhile to respond but I was out trap shooting.
I am fairly good with a firearm but its a challenge to constantly hit a moving target. Much easier stringing-up a snake or two here and there.
And so it goes. And prosperity to all.

Regards,
John