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Technology Stocks : Pacific Internet Next HOT IPO?

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To: Robert Scott who wrote (498)4/12/1999 3:09:00 PM
From: Herc  Read Replies (2) of 912
 
This certainly explains an increase in market cap of $70 million today??!!!

Singapore Pacific Internet Doubles Space For User Homepages

SINGAPORE (Dow Jones)--Pacific Internet Ltd. (PCNTF) of Singapore said Monday that the disk space it allocates for the home pages of its users has been doubled.

Their allocation has been doubled to two megabytes, from one megabyte and the company, by doing this, has increased its total disk space by nearly 200,000 megabytes, it said.

The company also said it has launched two more Internet-based products to facilitate on-line scheduling and web designing for its users.

It has launched WebSecretary, a 24-hour on-line personal organizer that allows users to manage their schedules. It has also introduced Easy Homepage Designer, a tool that allows users to create their own homepages on the Internet.

The Singapore-based company now has Internet operations in Hong Kong, the Philippines and Indonesia and plans to expand into Australia and India in the coming months.

Pacific Internet is listed on the Nasdaq.

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