To: James Simonick  who wrote (8226 ) 6/5/1999 11:18:00 PM From: Bob Mohebbi     Read Replies (2)  | Respond to    of 8242  
James thanks for the article, it was good reading. I always look forward to good posts, informative posts, no nonsense posts.  I've got one for you also from the RB PNLK message board and thought you might find it as interesting: By: EdNak Reply To: 7039 by ozias Saturday, 5 Jun 1999 at 10:38 PM EDT Post # of 7043    Put in my first money over 14 months ago.  I have an extremely large position in PNLK. My lowest price is 1 1/2, and the highest I've paid is 3 3/4. I've been buying like mad for the past week on any weakness.  It's been a battle between me and the Market Makers all week. I've become such a pain to my brokerage house, Fidelity, that they ended up giving me a 20% break on all my commissions, and has brought my commission to 1.4 cents a share. It's not as good as Datek, but again, I can't trade PNLK with Datek [Datek doesn't trade pink sheet stocks]  Personally, I don't think that PNLK will take off until it gets listed on the NASDAQ. Even if it acts 1/2 as bad as some of the other internet stocks, we're probably looking at a price that is above 20, and maybe higher to 50.  Some people seem to be worried about management selling their locked up shares. If one were thinking as an astute businessman, it would be foolish. I think that the lack of float will cause the market price to appreciate. In order to expand the float, the stock will have to split. In one year, if the stock is the real thing, the stock should split once. If it continues to grow, and it really looks like the real thing, it should split again.  One item that everyone seems to be overlooking is the Y2K issue. There is more compliance to Y2K here in the United States, but in foreign countries, I would say that you would be lucky to find 25% compliance.  That concept is significant to PNLK because if it's subscribers have compliant PC's, they can continue to trade over the PNLK lines, which I have to assume is Y2k compliant.  Overseas businesses will be in bad shape from Y2k. PNLK is a line of communication to keep business going. A strong selling point, and it could even count as a back-up position. For $360 a year, it's a pretty cheap insurance policy.  I think that the key to the sucess of PNLK is the adoption of the PNLK concept by foreign governments. We're more free enterprise here in the United States. [Just look at the junk mail that one receives by internet, or by US Mail] Most foreign companies have to rely on their own government to finance an import or export operation. The acceptance by a foreign government is a strong selling point for PNLK.  In most foreign countries, one has to pay a bribe to get established. The concept of PNLK will have foreign govenments inviting PNLK to establish links for their small businesses.  My other prediction is that after 4 years, PNLK will be taken over by merger of stock. I think that it will be ATT, and the swap will be around 20-40 billion dollars. That would price your current shares around 400 to 800 dollars a share.  Crazy, yes, it could be, but if you have 1000 shares in a Roth IRA, when you turn 59 1/2, you get the entire amount tax free.  The difference between PNLK and some pi-in-the-sky stock, is that the Companies that have associated themselves with PNLK are all triple-A companies. A sign of a problem with the stock will be if one of them drops out, but so far, so good. Let's hope that it never happens and that PNLK represents 21st Century technology.