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

To: blankmind who wrote (327)	3/3/1999 12:18:00 PM
From: Herc	Read Replies (1) \| Respond to of 912

Louis, moi aussi! There was an interesting article in the WSJ today on Internet America and internet valuations per subscriber, in general. It was in the TX. section, and all of you may not have seen it. The most germane to this thread was that the market values Mindspring @ $2490 a suscriber. This valuation extrapolated to the PCNTF subscribers at year end of 204,000 gives PCNTF a value of $41.38 share. Throw in some intangibles like PCNTF having more room to grow, e-commerce, the Asian contagion ending, and PCNTF is worth more.