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Technology Stocks : Pacific Internet Next HOT IPO?

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To: zakaran who wrote (209)2/17/1999 11:04:00 PM
From: Herc  Read Replies (1) of 912
 
I picked up some more today at 29 7/8.
I was just reassuring myself by reading the prospectus which says revenues for the first 9 months increased 55% and earnings went to 6.5 million in U.S. dollars from a deficit last year.
This reassured me!
The NASDAQ is down 10.5% so far THIS TIME. The last downturn was down 30%. But PCNTF is an Asian stock. So maybe the Asian recovery scenario will lessen the fall.
Who knows!
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