Tipped by the independent 2/01/2004

........."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".

Broken through 8p resistance 8p must now be the new support?

Lots of heavy buying today, sentiment seems to be very positive with this, telecom boom just begun as well. I think Friday should be a good day - any views.

Anyone got any news on this rumour of another acquisition? Nice to see this
beauty moving north, lets hope for more and some info too.

Adie H - I do not have anything on the rumour, I personally believe the buying we have seen of late could be due to the potential of this share and also the sentiment of this sector is strong. A lot of people seem to rate this as a big winner for 2004.

Sorry guys with the SVR post as in the wrong thread, but also seeing PXC well in profit

If you want to see something interesting compare PXC to THUS and you will see that it is extremley undervalued.

Happy1 - Sorry but what do mean is undervalued in your opinion, Pipex or Thus.


Look set for a good day Monday, the tech dominated Nasdaq is up over 1%.

Potential for PXC, in the March 2004 edition of PC Pro the number of worldwide Broadband subscribers in 2002 ( figures from International telecommunications Union) grew by 72 % to nearly 63 million.
Korea 21% of population
Hong Kong 15%
Canada 11%
The uk does not even figure in the top 15, USA manages 6.9% of population and UK only 2.3% .

So Uk scratching the surface, lots of potential for PXC but I dont see them advertising that often? It is certainly the age of growth for Internet use in many areas-- lets hope PXC moves steadily forward, and the markets recognise its potential.

have you seen the latest Eckoh thread that mentions pipex?

Yes, it was me who posted the message on Eckoh. What I posted is just pure speculation so there is no concrete proof in the train of thought I have been exploring but can see the significant potential for all three companies if they form a deal.

I see what you mean about PXC / Thus chart!

Nice1 Andy can you post that on ADV

Evenin all..Just come back Holiday, a long time away...however pleased to see the way Telecoms future - Pipex Com is now starting to gain interest from many, in a years time we may look back and say, remember the days when Pipex was 9p...If only we knew...Good luck to all the holders in 2004 and more...The next set of results will shine no doubt, and the City could well start to take a keen interest.

Interesting graph btw...!

Jules99.

Does any one know when the next set of results are out??


Regards

Not sure doing well might add to my holding tommorow. Check out FFA doing very well at the moment.

Joe

Whats the BB's realistic target for PIPEX Com - 3-6-12 months in 2004 ?

I'll start the ball rolling...

3 months 12p

6 months 16p

12 months 20p

Any more bidders ?

Can't argue with your targets overgrowth, but there will always be profit taking along the way.
Also, we all have different personal targets and investing styles.
eg. assuming two investors are 'in' at the same price but one has bought 100k shares whilst the other say 200k. The second investor may well be happy to exit at 12p, within 3 months, whilst the first may have set himself an unrealistic target of 16p, just to achieve the same level of profit.
In my experience, I have found that targets are constantly moving .. a
dramatic change in the price of one share in your portfolio has a 'knock on'
effect, which often forces you to make unplanned changes.
Your thoughts would be very welcome.
Every success to all PXC holders.
Regards

Overgrowth

I believe you can double your targets on 3 and 6 months and treble your 12 month forecast

Cheers

I bought in last week at 8.5p. I am initially looking short term (2 weeks maximum) and am hoping to get 10p within this timeframe. I believe this is realistic and we may even see these levels this week. The majority of tech stocks were down today, Nasdaq ended 7 points up so PXC should be in for a solid opening. Late buys may have some influence on the opening price as well. I read on many threads that posters are desperate for news, on one hand I understand this however shares do not need news to rise. The general market is looking promising, the tech sector especially is looking strong. As a result I feel the share price will continue to rise over the next few months with small but frequent retraces similar to the one we saw today. Definately feel PXC will have a very reasonable year.