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Technology Stocks : Pacific Internet Next HOT IPO?

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To: Kingpin who wrote (770)8/11/1999 10:58:00 AM
From: Herc  Read Replies (3) of 912
 
PCNTF'S P/S is still just 3.75, or 1.68 if you use the 5.5 million shares publicly traded, compared to a p/s of 21.35 for AOL and 7.45 for MSPG. I could not find the numbers for Internet Initiative Japan.

I'll settle for a 36% annualized subscriber growth. One can grow TOO fast like AOL several years back with all those busy signals.

I would imagine the slow down is due to moving into new countries plus the region's economic and political turmoil right now.

PCNTF is still the only publicly traded Asian multinational internet company I know of. My perspective is at least 3 years. So I'm staying put.

Also India has the world's largest middle class, and it's growing.
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