Paxson Communications (PAX) Message Board

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Technology Stocks : Paxson Communications (PAX)

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To: William Duncan who wrote (85)	3/26/1998 4:22:00 PM
From: webpilot	Read Replies (1) of 154

Bill, The little guys were selling today, there were only 3 trades of around 10,000 shares each. Probably some short term traders taking profits. I am a holder of the stock and have a sizable position. The hardware alone is worth 2 to 3 times what the stock is selling for. These newspaper experts usually don't have all their ducks in a row and will report whatever scenario they wish. I did not see the WSJ story but I think one individual was quoted as saying that PAX was not having very much success in selling its advertising for the new network. If you talk to the company they will tell you that they do not even plan of selling any advertising until mid June. I don't give very much credibility to these newspaper articles or rumors. I see long term value here. The shares of the stock will continue to rise as we approach opening day. There are some very good posts on the Yahoo Board by people who really know the value of the digital spectrum. Let's not let these daily events and rumors deter us from our goal in investing in undervalued, potentially explosive stocks.

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