Pacific Internet Next HOT IPO? Message Board

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Technology Stocks : Pacific Internet Next HOT IPO?

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To: BomboochaBoy who wrote (411)	3/26/1999 2:09:00 PM
From: Herc	Read Replies (2) of 912

The scenario I envision is for the stock market here to cool and the Asian markets to continue to heat up. And then the investment community starts to ask, "Anyone know of any Asian internet plays?" Plus the growth potential over there is greater. I read just yesterday that China was loosening restrictions on foreign investment in Chinese telecoms. The only ISP in China now is the state owned unit which charges prohibitive rates. Also, MSPG revenues are $114 million vs. PCNTF's $41. So my scenario is not that far fetched. Maybe we'll luck up and Mr. Lee will have the management acumen of Michael Dell. I plan to put this one away and forget it except for exploing any buying crescendos. Tepid response today despite good news.

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