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To: RidgeRunner who wrote (18997)5/25/1999 9:18:00 PM
From: Ted M  Read Replies (2) | Respond to of 40688
 
Regarding the market reaction to today's news:
IMO--I think what is 'missing' is new investors. Most here have near the level of shares they desire to have although I suspect will be kicking themselves for not buying more (myself included). The larger internet-investing market is a bit skittish after recent market action in the internets. Plus, most people watching PNLK were already aware of this news, from posts on this thread.

That leaves the much larger market--the one that isn't on the cutting edge but still would be interested once they learn about what PNLK is doing.

They will be learning soon. I expect a significant move soon due primarily to this larger group buying in. In other words, today's news had a good reaction but not great. The great reaction will come with the greater exposure. Combine that with more positive announcemnents and PNLK may soon join the ranks of the stocks that everyone knows about.

Ted



To: RidgeRunner who wrote (18997)5/26/1999 6:53:00 AM
From: TsioKawe  Respond to of 40688
 
What could be missing?? Think about what has happened here. The markets are due for a correction, PNLK and other Internet stocks are 50-60% off from there most recent highs, Daytraders and Momentum players are quite content taking very small positions in this type environment. The stock moved up so quickly in the first 1/2 hour that no one was willing to chase it. This is saying that the MMs dont want to sell shares but are interested in Buying a position. 500,000 shares isnt anything spectacular but that is going to change very soon. The positive development was a turnup in all the leading chart indicators and PR to those who follow PNLK closely. The charts have formed similarities with the last move to $8, only this time in another type environment. I have S&P Futures up 8 this morning :-)

TsioKawe