Pacific Internet Next HOT IPO? Message Board

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Technology Stocks : Pacific Internet Next HOT IPO?

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To: Belinda S. who wrote (694)	5/21/1999 4:50:00 PM
From: Herc	of 912

Oh yea of little faith. Go back and look at April 8 thru April 13 when it went up 50 points. It went up 2 today in the last 10 minutes on high volume. I doubt if many shorted it, and I doubt if anyone with significant losses were unloading. Just lots of profit taking. This was almost a panicky selling crescendo which are usually good buying opportunities. I think it is more likely than not that some other internet company is eyeing this large block of shares suddenly available. I would have bought some more today had I had the money.

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