www.pipexcommunications.net

Pipex Communications Plc has moved into an entirely different league, and once the market fully digests the potential value of a company that effectively competes with the likes of Tiscali, AOL, Freeserve and BT Openworld, there should be more value to come. The cash generative business could also be a takeover target in its own right in the future.

A number of shrewd fund managers have positions in Pipex to include Mr
John Dodd of Artemis UK Smaller Companies Unit Trust ranked number 1 out of
56 fund managers over the last 5 years.

Patrick Evershed added 3.1 million shares to his New Star Select Opportunities fund's holding in September to take it to 8.2 million shares or 0.64%.

Alternative telecoms player Pipex is defying all odds - it has just raised
millions of pounds, made another acquisition and should be profitable 'very soon' thanks to the vice chairman's cunning plan - it's also in a sector that two US billionaire investors have bought into.

Break even in 2004 with potential profits of 4 million plus beyond.

This is like the railroads in the 1880's.This is a unique moment in history -
time to invest.

21 Oct 2003 Share Purchase by Christina Kennedy (non-executive director) - 125,000s @ 7.75p (10,000)

Investec buy note for Pipex Communications (Nov 2003)

All,

Against my expectations, this is looking very weak, and yes, it does look a bit like a double top is forming, which of course is bearish.

I did think this would really motor, just goes to show how wrong you can be, doesn't it?

Redsky research are keen on this one as were Shares magazine (GX). Definately one to keep an eye on imho.

gallick,

I agree, but possibly not yet, maybe in the new year, the chart is looking quite fragile at the moment.

I feel I may be able to pick this up a little cheaper in the future, time will tell, and I could be completely wrong of course.

I have it on my "watch very closely" list!

Hi ..I am a bit bemused in lack of movement in the shareprice considering the stabilisation of finances since buyout of pipex by GNX..any thoughts on why and when possible action likely to take place?
regards Wansford

It's just a matter of time. Generally speaking, tech. and biotech. stocks are expected to do well in the first half of 2004 - this will help move the price in the right direction.

The interims were out on 30th September 2003, so the finals should be around the end of the 1st quarter. Pipex have a solid user base and are gaining more users at a rapid rate.

With this feeding through to the bottom line and no other significant news in the new year, I can see the run up to the results starting in early Feb. probably from a launch price of around 9p. Provided the results are as good as expected we could be looking at Investech's target price of 16p quite soon.

overgrowth,

what's the monthly growth in new users?

TIA,

Andy.

this was found on SC
From today's Independent - see the last paragraph!

quote:
--------------------------------------------------------------------------------
Search for winners leads us away from blue chips
By Stephen Foley
02 January 2004
And so to our traditional "wild card". Pipex Communications, formerly known as GX Networks, is a telecoms company created by one of the entrepreneurs behind Ukbetting, Peter Dubens. It has been assembled from six smaller players. The ambitious company is generating cash for the first time but is still not widely followed in the City. It could be an undiscovered gem.
Thanx to poster theie for info.