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


To: Carolyn who wrote (795)8/20/1999 10:45:00 AM
From: Netwit  Read Replies (1) | Respond to of 912
 
Carolyn F-- Help me out here--I wasn't aware the PCNTF is involved with wireless internet. Are they? I have been looking for a play in this area as well. One company I have been looking at is Golden Forture (GFX)--it's a Canadian company that claims to have a wireless internet deal in China. In China the most important factor is credibility (assuming there's a business). My past experience doing deals there tells me that there are a lot of smoke and mirrors operations--everything is not what it seems--land of mystery and all that. But legal system are a joke and so forth. So I am trying to get a handle on whether this operation is real or not. Do keep me posted on your progress and I'll let you know about mine.



To: Carolyn who wrote (795)8/30/1999 3:42:00 PM
From: Herc  Read Replies (1) | Respond to of 912
 
I asked an Indian doctor friend about the phone system in India. He did say the hard wire phone system is a mess and government owned. Everyone is getting cell phones, which are privately owned companies.
But cellular phones don't deliver the internet. At least in the U.S., I hear the consensus is that wireless internet will be a distant third behind DSL & cable. So who know what will happen.

But when the phone system was privatized in Mexico, big improvement were made quickly. I don't know if the phone systems are being privatized in India.

PCNTF's price movement is completely irrational & unpredictable. It breaks through support like an anvil. I'm holding for at least 3 years with possible short term trades of a portion of my shares.

My God, since X'mas they have moved into two entire new countries. I don't think China is really open to foreign ISP's yet. Be patient! Think of the potential.