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

To: GregS who wrote (567)	4/15/1999 4:48:00 PM
From: BomboochaBoy	Respond to of 912

* * * IAX: InternetAsia Indexes * * * IAX: InternetAsia Index YTD techstocks.com IAX: InternetAsia Index 4-1-99 to date techstocks.com IAXC: InternetAsia Index Candidates only GCHC added April 14. techstocks.com Link to Asian Internet Stocks thread Subject 27230 Link to Pacific Internet thread Subject 24301 For traders, this note: PacNet's float is *3 million shares. For investors, this note: PacNet is the first Asian Internet stock to be listed on the NASDAQ-AMEX.** Also, PacNet is gaining analysts' interest on a weekly, perhaps daily basis. (* Originally slated for 2.5 mm. Short Take: Pacific Internet raises IPO share count, price range quote.bloomberg.com By Reuters Special to CNET News.com December 28, 1998, 12:45 p.m. PT Pacific Internet's IPO was raised to 3 million shares from 2.5 million shares, and the price range was raised to between 15 and 17 per share from between 13 and 15, lead underwriter Lehman Brothers said. The Singapore company, which offers Internet access in Asia, is expected to trade under the ticker symbol "PCNTF." ) Information on Pacific Internet follows. * * * Latest story as of Apr. 12 courtesy of Herc. Singapore Pacific Internet Doubles Space For User Homepages Message 8860139 SINGAPORE (Dow Jones)--Pacific Internet Ltd. (PCNTF) of Singapore said Monday that the disk space it allocates for the home pages of its users has been doubled. * * * news.com Pacific Internet Liked by Internet Fund Manager, Dow Jones Says Bloomberg News April 8, 1999, 11:37 a.m. PT Singapore, April 8 (Bloomberg) -- Pacific Internet Ltd. is one of five stocks favored by Alex Cheung, manager of the Monument Internet Fund, which owns shares in the companies he recommended, Dow Jones Newswires reported. Cheung said investors shouldn't use traditional price valuations when examining volatile Internet stocks and instead should focus on a company's potential market size and its ability to keep customers. His other stock picks are America Online Inc., Broadvision Inc., CMGI Inc. and DoubleClick Inc., Dow Jones said. Shares in Pacific Internet, Asia's first Internet-related company to trade in the U.S., rose 11 to 62 in early afternoon trading after hitting a high of 71 earlier. (Dow Jones Newswires 4/8 wsj.com) * * * Steve Harmon's capsule analysis techstocks.com April 3, 1999 pacific internet (pcntf) - let's look at the numbers: pcntf millions valuations mkt cap $667 98 $ $42 16x subs 0.20349 $3,280 per subscriber per sub value is a premium to average u.s. isps by about 50%, but pacnet is profitable and growing faster revenues up 66% in 1998 and pacnet plans to acquire more isps in asia i like this stock and story, with the industrial giant behind it * * * Pacific Internet Company Profile Business Summary Pacific Internet Ltd. is a provider of internet access and related internet development of on-line and multimedia products and services. For the six months ended 6/30/98, total revenues rose 61% to SP$33.4 million. Net income totalled SP$6.1 million vs. a loss of SP$3.8 million. Revenues reflect increased revenues from dial-up access due to an increased number of subscribers. Earnings also reflect the ceasing of certain advertising and promotional activities. Share-Related Items Market Capitalization $644.4M Shares Outstanding 12.3M Float 2.50M biz.yahoo.com * * * News links at Bloomberg. Very good stuff. quote.bloomberg.com You will find these headline stories there. 4/1 0:22 HK Telecom, Eyes Asian Internet Expansion, Mulls Stock Listing 3/30 22:46 Pacific Internet May Consider Selling Stake to Propel Expansion 3/30 8:51 Pacific Internet May Consider Selling Stake to Expand 3/26 1:22 PacNet, Asia's 1st Internet IPO, Posts 1998 Profit (Update1) 3/26 1:22 PacNet, Asia's 1st Internet IPO, Posts 1998 Profit (Update1) 3/25 21:28 PACIFIC INTERNET ANNOUNCES FULL YEAR 1998 RESULTS 3/25 20:55 Pacific Internet, Asia's 1st Internet IPO, Posts 1998 Profit * * * Also some related stories at CNet/News.com news.com * * * Pacific Internet Revenues Rise Friday March 26 8:18 AM ET SINGAPORE (AP) - Pacific Internet Ltd (Nasdaq:PCNTF - news)., a Singapore Internet service provider listed on the U.S. Nasdaq composite stock index, announced Friday that its revenues rose 47 percent last year. dailynews.yahoo.com * * * The Motley Fool Evening News Mar 16, 1999 (6:40 PM ET) - fnews.yahoo.com * * * Upgrades & Downgrades - March 16 (last updated 4:35pm Eastern U.S. time) biz.yahoo.com * * * And one final note: 1 US$ = 1.73 SP$ (Singapore Dollar)

To: GregS who wrote (567)	4/15/1999 4:58:00 PM
From: BomboochaBoy	Read Replies (1) \| Respond to of 912

Greg, you are a much, much wiser man than I. You and I are two examples of what to do with a powderkeg of a stock like PacNet. You held though the doldrums and added more near the lows when the Princess starred in the Royal Parades. Your investment has been rewarded, on paper, at least. I bought and sold in the 40s, only to buy back at much, much higher prices. My choices simply stunk and were particularly galling moreso because I really like PacNet's future. I simply lacked patience and got greedy as I saw other stocks run up in the past two weeks. Looking at the daily chart, this much is true: PacNet will hit highs and consolidate from four to 11 days. This latest consolidation, imho, hasn't provided us with an adequate idea of what the new trading range is. However, if PacNet does trade between the recent high of 104 1/4 and the recent low (today) of 65, that would be promising. A range like that, along with a 3 million share float, would be a very bullish indicator if and when a breakout on great volume occurs. We're talking about a breakout that could go as high as 133 in the near term. All of my rambling here is purely speculative, of course. Like you, Greg, I don't plan on selling any time in the near future, if at all in the distant future. ps -- The number 133 is ironic for me. The last time I saw that number, it was when @Home broke out on major volume over its resistance of 133. I saw a ceiling at 158. With the mania of recent weeks, @Home eventually went to 198 early Tuesday morning.