Nice rises Friday and today,after being tipped up by Money Week magazine ,with first half sales up 86%,and a cheaper Broadband bundle than Car Phone warehouse,a forward p/e of 15.4 and a likely takeover target seems the one to be on in a guarateed consolidating sector.

Nobody said it was exciting cynic, Shareshop was just letting others on the thread know that the purchase had been made. Better than a sale of 3.45 mln shares IMO.

don't be so touchy or one might start to think that the sobriquet fits ..... would be interesting to see if Black Rock now have a considerable holding, though i suspect not as that would surely have needed to be mentioned

lol.

am happy to hold another 1 or 2 years if need be as this share will go up through time slowly plus with Tiscali & BT among remaining bidders for Pipex maybe others.. you never know

Shareshop .... so do Black Rock hold a further stack? ..... i think 3.45m shares is rather less than 0.5% so one would not have thought it worth a mention on its own

Shareshop...dont worry..in fact being contrary to cynic pays...check his record on PXC, PRTY, PET AND LATTERLY GGG....ALL OF WHICH ARE PROVING TO BE HIGHLY PROFITABLE TO ME. Please excuse any replies from me for next 10 days...going on holiday with some of profits.

depends when you buy AND sell doesn't it ..... i HOLD PXC; i am very very glad i stayed away from PRTY, as its recent record shows its instability; PET i do not recollect; GGG if you see my latest post says do not buy at this level ... all good common sense if you ask me .... but of course money CAN be made from buying and selling "pure" if you can accept that the odds are stacked heavily against you, as they are though perhaps less so when playing roulette.

but unlike some here, i happily accept the brickbats ... and also the cheques which i bank

cynic.. Thanks for responding ...nothing personal but I have held all 4 since last year..long term there is a good return on all f our..add to that CFL which no one has posted od here for a long long time and and you have virtually all my portfolio but all have been held for considerable time and still rising.

nothing personal in return either, but i bet with some judicious pruning and reinvestment you could have done a damn sight better .... PRTY is the glaring example

Latic - if you hold just four stocks in your portfolio, all of which are at best "wildly speculative", and every one has come up a winner, then YOU ARE A GENIUS!

a lot going on in this company but can get no info,

alex , did you buy cey this morning like i told you last night,

why would Black Rock want(certainly no need) to announce their purchases of relatively insignificant amounts of PXC shares? Even now, their holding is only 1.19%

whats your theory cynic,?

don't have one though i know BR are a subsidiary of some other investment company or bank - can't remember which ...... if so, the parent may have a declarable interest and hence the requirement

Part of the Merrill Lynch set up following a recent merger if I recall correctly

Their homepage
http://www2.blackrock.com/global/home/AboutUs/index.htm

someone wants our shares,big time.

why? not much impact on the sp is it ?

You might like this snippet from the Mail on Sunday-Mark Joseph the telecoms specialist from UBS INV BANK,who hasn't found a buyer for PIPEX,has become an employee of MR DUBENS,he is to run a private equity firm,concentrating on buyouts,and using the seed capital of 103 million Dubens raised when he sold 365media to BSBY SKY,Joseph is quite a catch he handled the 19 billion restructuring of cable firm NTL before its merger with TELEWEST and sold the ONE-TEL PHONE network owned by CENTRICA to the CAR PHONE WAREHOUSE: The one question you ask with all those credentials behind him surely the sale of PIPEX should be within he's capabilities.??????/? jim