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Newly2b

01/08/08 12:34 PM

#113344 RE: jdaasoc #113323

Yes, I am very familiar with PANL, jdaasoc, having first bought long in '99. Established quite a position back when I was an investor, but offed it all when I turned to trading (and as a trader became the pariah of the Yahoo! PANL board, LOL). IMO, unless/until PANL can make a sustained move above $19ish, an investment there is dead money -- not worth trading as it doesn't make enough large swings to be worthwhile. Price was recently north of $23, but has now fallen back below $18. The Monthly chart doesn't look good, and with what is touted as being a severe recession on the horizon, this is IMO not the year to be investing long-term in a speculative new IP company that still has not achieved an acceptable lifetime for blue nor conquered the problems inherent in large OLED displays.

Newly