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


To: Seeker of Truth who wrote (754)8/3/1999 12:46:00 PM
From: Herc  Respond to of 912
 
NASDAQ down 11% from the July 19 peak. 10% pullbacks every other month have been the norm since last summer's 30% drop on Russian and Long Term Capital worries.

Absolutely no news to explain PCNTF's retreat. It was 56 3 weeks ago. It actually has earnings which makes it rare for an internet company. Also, the gurus are telling us that Asia is recovering.

If I had the $$$$ I would be buying.



To: Seeker of Truth who wrote (754)8/3/1999 12:57:00 PM
From: Keith Lenart  Read Replies (1) | Respond to of 912
 
I'd be surprised if people shorting now, at 35, can make much money.

My account balance has been going up quite nicely this morning -- PCNTF down 4 1/8 right now. (Sorry, just yanking your chain a little bit Malcolm.)