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

To: unclewest who wrote (179)	2/12/1999 11:38:00 PM
From: Herc	Read Replies (1) \| Respond to of 912

Though the financials are hard to come by, as best I know, the company has 12 million shares and a projected 40+ million in revenues for the upcoming year. That works out to about $3.50/share in revenue x 77 (the multiple of revenues USA Networks paid for Lycos)...well you do the math. And Lycos had negative cash flow and earnings. PCNTF is making money. Until I learn otherwise, I plan to accumulate a total of 1000 shares with each dip, and I don't have far to go. Day traders, keep 'em coming! Hopefully, PCNTF will help me regain some modicum of self esteem after shorting Dell.