hi, i am analying for a loong time that 100 link is myth if u see that site http://www.freepint.com/gary/direct.htm have 1000's links its main page PR is 7 and thats page PR is also 7 why dont google penalty that site and why its PR is 7 ....there are many site like that have 100+ links like FFA's etc
Sorry, I don't think I understand? Can you explain more clearly? What is the 100 link myth and why should that site be penalised?
No they don't. If what you mean is that people tell you not to put more than 100 (I don't do more than 50) outgoing links on a page, then this is becase any more than that will mean that hardly any PR is transferred to the target page. The link that you posted has a PR7, but it might as well be a PR1 for all the benefit the pages it's linked to will get out of it.
This is a misunderstanding of the "100 link limit". A site is not penalized in any way for having more than 100 outgoing links. However the PR passed on to those links is divided. So each one of those sites gets less credit for that link, which some would consider a "penalty". This has no effect on the originating page itself.