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".

Done deal!

Host Europe PLC
05 April 2004



Host Europe plc (the 'Company' or 'Host Europe')

Update on recommended cash offer by PIPEX Communications plc ('PIPEX')



On Friday 2 April, following the announcement of the recommended cash offer for
Host Europe by PIPEX Communications plc, PIPEX purchased a total of 155,480,000
ordinary shares of 1p each in Host Europe at a price of 2.525p, representing
13.18 per cent. of Host Europe's issued share capital.



Following such purchases, PIPEX now owns or controls 618,602,141 ordinary shares
of 1p each in Host Europe representing 52.44 per cent. of Host Europe's issued
share capital, including 463,122,141 ordinary shares, representing 39.3% of Host
Europe's issued share capital, in respect of which PIPEX has received
irrevocable undertakings from certain Host Europe Shareholders including
Directors.



For further information:

Host Europe plc Tel: 020 8896 7500
Stephen Sadler

ICIS Tel: 020 7628 1114
Tom Moriarty
Archie Berens


This information is provided by RNS
The company news service from the London Stock Exchange

big sells late on

wats on board then, is something goin to hapen...

with regards big sells bear in mind that there are an awful lot of shares issued in pxc so it all comes down to scale of size. most probably usual stuff going on in order for big boys to get their fat greedy mits on smaller holder shares!!!!imho

I sold out today, couldn't resist getting on board with CFP.

Pipex always seemed to have too many shares in circulation for us to see any phenomenal rises in price.

16p is still on the cards for those prepared to wait.

All the best

OG

Nearly did the same to move into CEN but still hanging on with PXC

Anybody have any idea why its down so much today???

Ta

beats me, too many shares flyin around in my opinion..

Money, Should you take AIM at small companies - Apr 2004
"SHARES on the Alternative Investment Market (AIM) have surged by 67% over the past year and companies are rushing to take advantage of the boom. Investors who bought shares in PIPEX Communications, an Internet services firm, when it floated on AIM in October 2002 have seen their original stake soar 400% as the shares have risen from 2.25p to 11.25p". (Taken from The Sunday Times)

PIPEX, the telecom network operator and provider of broadband business solutions, has further proved its commitment to quality after receiving the international standard for management systems, ISO 9001: 2000.

To achieve the standard, PIPEX, had to demonstrate that the company is running efficiently and effectively, through the use of formalised management systems, including written procedures, instructions, forms and records for all key business processes within its offices, data centres and warehouses. These processes cover every stage of the customer journey, from initial contact to billing and post sale support as well as PIPEX's back office activities, such as business planning, human resources and network design.

PIPEX can use the registration, which provides a best-practice model for managing and improving management systems using a process approach, to demonstrate to existing and potential customers that it continues to be dedicated to the constant improvement of its quality management systems.

The ISO 9001: 2000 enables staff members to gain a greater understanding of the organisation's processes, how regulatory and statutory requirements impact on the company and its customers as well as heightening their desire for customer satisfaction. It also improves internal efficiency and employee involvement.

Mike Read, Chief Executive Officer at PIPEX, comments, "PIPEX has always been committed to delivering quality throughout every aspect of our operations, from initial phone contact to pre- and post-sales support. This continued commitment is reflected in our recent registration to ISO 9001: 2000".

"This registration demonstrates to our customers that we operate our company in a way that is compliant with British Standards. This should give them the confidence they need to continue or begin a relationship with PIPEX."

The ISO 9001: 2000 currently covers PIPEX's Putney and Oxford offices, Harbour Exchange data centre and Eynsham warehouse. PIPEX plans to roll out the accreditation to the rest of the company by the end of 2004.

PIPEX was one of the first ISPs to gain ISO 9001: 1994 registration in March 1996. As a customer-focused company, PIPEX regularly conducts surveys to ensure that its customers are benefiting from the processes it has in place. This information is used to improve its processes with the customer in mind.

About PIPEX

PIPEX is a telecom network operator and provider of broadband solutions that combines the best infrastructure, services, support and people to make communication simple for business. A highly respected tier one Internet Service Provider (ISP), PIPEX Communications provides both voice and data connectivity solutions, helping organisations to keep their lines of communication open.

Established in 1991, PIPEX was the UK's first commercial ISP, set up to deliver affordable, high speed, high quality corporate Internet access. The company delivers the same outstanding benefits to businesses today.

Now owning one of the UK's most extensive communication networks, PIPEX has data centres in London, Manchester and Leeds and over 100 Points of Presence (PoPs) nation-wide. This includes 20 point-to-multi-point radio PoPs offering wireless DSL. In addition, to ensure that its customers’ network traffic is always routed via the fastest, most resilient path, PIPEX has over 200 public and private peering arrangements with large Internet backbone providers, including the London Internet Exchange,

With its unparalleled experience of connecting organisations and its multi-award winning service, support levels and dynamic people, PIPEX is reputed, by its clients, to be one of the safest pairs of hands in the telecom industry. As a result, the company has achieved and retained an enviable customer list, ranging from SMEs to blue chip companies and including two-thirds of the UK's top 100 companies (as listed by The Times). Leading to outstanding and unrivalled growth, PIPEX was named as one of the top hundred fastest growing UK unquoted technology companies in the third annual "The Sunday Times ARM Tech Track 100 league."

Talk about a kick in the teeth, is todays dilution part of the Host Europe deal, or is it just pants????

Simon

I see another Photobition

Im out of here now, to many shares in issue and price moves to slow. IMO money can earn me more else where. Still this has bee a good earner and I am sure will rise. Best to all who stay in and may you see the 16p mark soon.

Think i may join you kandrews

Surely todays extra shares for acquisition of Firstnet Services Limited in August 2003 was factored in when forecasts were made?????

Any one got any recent earnings forecasts???

turnover of 35 million and with market cap of 205 million. this one aint movin till the next result comin out.. it was suppose to move to 12p-16p before the aquisition of her.. wat happened ther. people r bailin out.. can see the price movin to 8p-9p very soon.

nav

O well, I liked this share, but I have sold, just dont seem to be doing anything, there are better bets out there I hope.....

Staying with this one.... telecoms/datacoms taking a beating at the moment.
MXC seem to be exception to this.

corehead, they are takin a beatin but people are losin patience in this company. mm's are playin very cleverly, by now price shud hav move below 10p with the amount of sells goin on the past weeks. pipex hav got a share issue of 10.5p and no one will be interested in tat if price moved below tat. my bet is as soon as her is 100% owed by pipex u will see price within the 8-9p margin..