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Technology Stocks : PRIMUS TELECOMM(PRTL) Global Communications Infrastructure
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To: OverUnder who wrote (102)8/30/2000 2:14:17 PM
From: Bruce Cullen   of 106
 
Primus is Seriously undervalued! Period!

I have followed Primus Telecommunications for over three years, this company is poised for serious growth on a global scale. The management team at Primus is top notch from some of the most respected companies already in existence.

In my opinion the price of this stock would be undervalued at even 22 per share, at this price it is a steal like no other, this is a rare occasion for an investor. Buy this management team if nothing else and then look at the fundamentals, the fundamentals alone are worth 20,the management team is worth 30, one plus one equals two, but in this case at least 50/share.

Do your due diligence on this company as soon as you can and go long. This sector is heating up and Primus owns the cable and fiber optic lines, what else can you ask for? Look for Primus to enter new countries on the near-term horizon, then expect to see Primus beat street expectations and turn a profit early... as they did with the expectation for their goal of making a billion per year in revenues.

See this... 8-08-00--"Linnehan highlights Primus (Nasdaq:PRTL - news), ``They are a voice company first and a data company second. They own undersea cables, and in-country fiber. They are also an ISP. They are a business services portal and a hosting company. They are many things. They will produce about $1.2 billion in revenue this year, they are EBITDA positive, and they have a market cap under $1 billion. So it is a very attractive investment opportunity.''

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This post is an opinion only!
Bruce Cullen
sherwoodcoastsgroup.com
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