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

To: Louis Riley who wrote (291)	2/25/1999 11:54:00 AM
From: BillyJoe McCallister	Respond to of 912

Louis, thanks for the good, constant updates I really appreciate your effort on keeping us informed

To: Louis Riley who wrote (291)	2/27/1999 11:30:00 AM
From: Louis Riley	Read Replies (2) \| Respond to of 912

<< ...But what of Pacific Internet? At $29.25 a share, the stock is trading close to its 52-week low of $26.25. But Pacific Internet has one thing that most American Internet companies don't: earnings. For the first nine months of 1998, Pacific Internet, which has roughly 200,000 subscribers, earned $6 million (U.S.) on $31.5 million in revenue. Moreover, it is quickly positioning itself as a multinational ISP in Asia -- the only one such ISP in the region. It 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. If China follows the pattern of the Internet sector in the U.S., Pacific Internet's growing reach is only a good thing for all the nascent Chinese Net companies. As investors have seen with Internet stocks in the U.S., the success of one company's stock often breeds the success of another as the entire sector catches fire. >> smartmoney.com