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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (10424)	2/10/1999 8:29:00 PM
From: profit_guy	Read Replies (1) \| Respond to of 122087

What about RFGI? Too soon yet I think. Dangerous float!

To: Anthony@Pacific who wrote (10424)	2/10/1999 9:13:00 PM
From: M. Dion	Respond to of 122087

Anthony....check this out on PCNTF....... This is absolutely awesome...........an article of PCNTF came out today and these statement in their....and i quote... AWSJ:Heard On The Street In Singapore:Watch Pacific Internet Dow Jones Newswires -- February 9, 1999 By Wayne Arnold Staff Reporter "If the company succeeds in building a sizable market, this analyst adds, "tie-ups, marketing, everything else that builds on that will come. They could even be a takeover target." I dont think the above statement meant at prices anywhere near where they are now..........jmho.....read on..... "However, and make no mistake, PI has a lot going for it. For starters, thanks to its IPO, Pacific Internet is flush with cash. It also has the backing of its majority owner, one of Singapore's largest conglomerates, SembCorp Industries. SembCorp is in turn majority owned by the government's investment arm, Temasek Holdings. PI also has something unusual in the Internet world: profits. The company earned US$6 million in the first nine months of 1998 on US$31.5 million in sales to roughly 200,000 subscribers. It already has a 41% market share in Singapore; it owns Pacific Internet Philippines, an Internet service in the Philippines; and it has a stake in Hong Kong SuperNet, one of the largest Internet services in Hong Kong. Those operations make Pacific Internet Asia's only multinational Internet service provider, or ISP. "They are sitting on the doorstep of the biggest Internet population in the next century," said Pete Hitchen, an industry analyst at International Data Corp. in Singapore. Great article......as far as im concerned... mike ps....one more thing.....they said.... "PI plans to enter ventures not only in China, according to the prospectus for the stock sale put together by lead underwriter Lehman Brothers"......