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Technology Stocks : Paxson Communications (PAX)
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To: webpilot who wrote (33)11/19/1997 9:48:00 PM
From: MarcH  Read Replies (2) of 154
 
Hey PXN (soon to be PAX) followers,

Read the news today and saw the stock price. I like to think that investors were pulling out because the timeframe for profits is much longer than orginially estimated and the risk is a little higher. The idea of his network though seems like a profitable one.

I am puzzled by the stock price though. In Feb and March the price was about where it is now, except I feel the company is now in a far better position.

Any comments??

Marc
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