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Technology Stocks : PGEX Pacific Gateway Exchange,INC. -- Ignore unavailable to you. Want to Upgrade?


To: Ken who wrote (60)7/9/1999 4:35:00 PM
From: astyanax  Respond to of 95
 
D'oh! I thought the company was in a great market space, I dunno much else about their financials nor management, however. At least it hasn't totally collapsed like TGLO (yuck), another WWWFX holding...

:Ken wrote:
>> this stock should be a major outperformer in the next few >>weeks.

:Some performer. Maybe the Internet Fund had a change of heart :and sold all their
: shares?

: What happened to PGEX????? A classic falling knife.



To: Ken who wrote (60)8/10/1999 2:06:00 AM
From: David Wise  Read Replies (1) | Respond to of 95
 
If you check out their chart over time, you'll see that they reach the low $20's about 3 times a year, and return to over $40. They already have sales commitments that should be worth about $1.35 per share. They've had expenses of installing and buying equipment, now they're selling. Look at analyst projections for 2000 - something like $2.45. $50 within 12 months is almost as sure as it gets. I'll buy on every dip. See you at $50.00, and maybe hold if looks like WorldCom by then!