i was wondering if anyone out there had any strong views? this company appears to be delivering and has just turned EBITA positive after a great trading statement last week. seems like upside to +200p once results are out.

any comments or thoughts would be appreciated.

expecting come switching into this name from Colt

mentioned in the back of the FT today but i think a bit tarnished by the colt brush (even after a great trading update).

buy on weakness

Also got a very positive review in Shares re the IP teachnology advantage ESY have over competitors

exactly. i still maintain that ESY will be acquired before long. the growth and EBIT positive news will drive stock to 200p over the next 12 months (if not bought!)

yet more good news. no-one can ever argue that management doesn't fulfill it promises and targets...

BUY BUY BUY!

asynet Group PLC
09 July 2004

9 July 2004

Easynet Group Plc
Easynet announces its 200th live unbundled exchange in the U.K.

London, UK - Easynet Group Plc (LSE: ESY), ('Easynet' or 'the Group'), a leading
pan-European Broadband networking company, announces today that it has lit its
200th exchange under the Local Loop Unbundling (LLU) regulation introduced in
December 2000.

David Rowe CEO said: 'We are pleased to announce our 200th live unbundled
exchange in the U.K. We have worked constructively with B.T. to minimise the
difficulties in the process and to ensure that our customers can benefit from
the resilient high speed business Broadband products that we offer through our
local exchanges, either as single connections or as part of a wide area network
solution across our MPLS national or Pan-European network. Our LLU program
enhances our margins whilst providing our customers with innovative and unique
products such as SurestreamTM our Leased Line alternative.'



For further information please contact:

Easynet Group Plc Tel:020 7900 4700
David Rowe - Chief Executive Officer
Will Gardiner - Chief Financial Officer

gcg hudson sandler Tel: 020 7796 4133
James Benjamin / Sandrine Boussard



Notes to Editors:

Easynet Group
Easynet is a leading pan-European Broadband networking company, providing
customers across Europe with innovative, IP-based wide area networking
solutions.

Easynet is focused on providing IP solutions that enable organisations to
enhance their own profitability. The Easynet European network covers ten
countries, allowing companies to connect all their European sites to a high
quality, secure and reliable IP VPN service with class of service, essential to
the deployment of Voice over IP (VoIP).

Easynet Group Plc is listed on the London Stock Exchange. Information about
Easynet can be found at

www.easynet.com

.

i cannot express what an incredible buying opportunity this is at this level. plse refer top my previous posts as to why....

It seems to have been going down since the Deutsche Bank RNS

18/06/04 11:26 Holding(s) in Company RNS

It din't say if it was a buy or sell BUT it looks as if it was a SELL because the price went down.

Do you know if it was a SELL?

Trading Statement in line with expectations, it needed to exceed them to boost the price.

01/07/04 11:30 Trading Statement RNS

Continues to achieve strong revenue growth and improve
profitability, and is trading in line with expectations. This stock is now unfeasibly cheap. I've been looking at the TA this morning and it looks like a bottom at around 92p. I do agree with you proptrade, it's not for the faint hearted but serious upside at this level.

sometimes i feel like i am the only guy pounding the table with this one! cheers for your thoughts joe.

i realise that Nasdaq having a tumple effects the quality and the dross but all that will happen is that these spring back 20% on results or news.

my gut is that this will be aquired before long.

i still maintain 200p as a target and will be adding soon and taking a second mortgage at below 90p!

Cracking little company, but alto telecoms are the markets bad boys at the moment. Imho expect a lot more weakness, target 80p should hold without any more shocks within the sector.However retest of multi year low of 60p should not be ruled out has the negativity within the sector continues.

There is also the lock in period which expires in Sept which will put a drag on the shares. Notice ESY is the only AT down today even FIBS drifted into Blue.

Trouble is, Easynet will not be profitable at the pre-tax level until 2006 and this will have an effect on share price, admittedly less than 1.00 appears very cheap.

In a couple of years from now if profitability is achieved on time and the cash cushion is say 40 million, now may look an ideal time to have bought.

capa

my point exactly. if everything was assured these would be 200p+ and it is all a question of certainty. the fact remains that management in the last 7 years have consistently delivered and there is no reason to start doubting them now.

we may not get back to 2500p a share but noth of 500p over the next 2 years is possible. pick 'em while their cheap!

rgds

this is now getting so cheap it is unbelievable! no reason for the selloff on no volume.

i am adding.

BT may be down but this business is winning business from BT...ESY is benefiting from BT's fall....

keep this on your watchpages. so so overdue for a bounce

anyone have any idea about the big trades today? this stock is ON ITS WAY BACK UP!

look at the TA and the curve has now defintely formed- it is bouncing big time - I added considerably today.

this is unbelievably low
but how low can it go probably not a lot rather upward from here for at least untill the results when it might dstart falling back and follow its usual trend of good results but falling share price but for the moment i think its time to get in and big time like most of the buys today but bit concerned about big sales after hours