Pinnacle Holdings Inc. (BIGT) Message Board

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Technology Stocks : Pinnacle Holdings Inc. (BIGT)

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To: Pagan who wrote ()	2/17/1999 5:54:00 PM
From: Toby Zidle	Read Replies (1) of 11

I'm glad to see that a thread has already been established for this coming IPO. My broker at Salomon Smith Barney says the IPO should price tonight or tomorrow in the area of $15-16. We should, therefore, see BIGT trading by the end of the week. My primary concern about this issue is that the company intends to qualify as a REIT. That has been a very unglamorous market sector for the last several months as whispers of rising interest rates have dampened real estate enthusiasm. Otherwise, the wireless communications tower business looks like a niche high-tech segment that may share growth with the Internet, yet is not associated with the net stocks' volatility. We're hoping here for a very successful IPO. (Incidentally, BIGT = BIG T owers.)

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