Pacific Internet Next HOT IPO? Message Board

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Technology Stocks : Pacific Internet Next HOT IPO?

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To: Rick McDougall who wrote (873)	9/27/1999 5:05:00 PM
From: Herc	Read Replies (1) of 912

Mr. Lee was just on CNBC, but his segment was too short. He said nothing that has not been in recent press releases. They are looking for a strategic partner to speed up growth, they would like to move into China if the bans were lifted. Also he said the fees for using the Singapore telephone lines were not as high as were stated. He did appear to be just as honest and straight talking as he was in the first annual report. He also said there is less than a 1% market penetration of potential internet users in Asia. Just remember you all, the stock market is about the future not the present. If you want the present then buy a CD. The Wall St. Journal had an article on Indian software tycoons and mentioned that the current telephone infrastructure is a mess.

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