Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Sword who wrote (30495)	4/15/1999 6:11:00 PM
From: who cares?	Read Replies (2) of 122087

I agree that PCNTF should carry a premium based on it's growth rate and the fact that it actually turns a profit, BUT. A lot of the profit will be gone this year as their competition tries any and all means to gain share and the price at $50 was already much higher per subscriber than US ISP's. techstocks.com That's $3500 per subscriber when the stock was at around $50, now it would be almost $5000/subscriber. I'm not saying it's not a great company with a great future, it is, but at this price it is way way overdone as are a lot of nets, thus the correcting we've had over the past couple of days. Sub $60's and i'll start looking again. If it never gets their c'est la vie. I'll catch the next bus, there's always another one. Someone asked me about a cheap ISP. There's probably not one. When I was doing the math on PCNTF a month or so back ELNK and MSPG were cheap, PRGY high, i'm sure they're all much higher today. I'd have trouble buying any of them right now unless it was for a long long term hold, and if I was going to do that I wouldn't even bother doing any research, i'd just fall in line with the masses and buy AOL. CMB

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