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Technology Stocks : Pacific Internet Next HOT IPO? -- Ignore unavailable to you. Want to Upgrade?

To: Jack Hartmann who wrote (753)8/3/1999 10:26:00 AM
From: Seeker of Truth  Read Replies (2) | Respond to of 912
 
On the long side, PCNTF has the lowest price to sales ratio that I can
find for any internet stock. Also it is quite international and this
can save them money as they appeal in Chinese to the Chinese of the
various Southeast Asian countries.
On the short side it is not number 1 in any market.
Also, as has just been mentioned, from today on certain insiders may sell.
Today it's down 1/2 so far. I'd be surprised if people shorting
now, at 35, can make much money. The pro and con factors seem rather evenly balanced. JMHO



To: Jack Hartmann who wrote (753)8/4/1999 5:38:00 PM
From: Keith Lenart  Read Replies (2) | Respond to of 912
 
Jack, I covered half my short today at 28.5 for a 20% profit in 3 days. I expect PCNTF may continue sliding a bit more, especially if the Internets remain weak as hell. But, I'll probably cover the remainder of my short position in the next day or two. There's no need to get greedy here....


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