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.

10B .... the facts in this instance are whichever you wish to choose! ..... one could argue, as you do, that PXC is never ever going anywhere ..... or .... as is my inclination, to believe that PXC will inevitably merge with another ...... Tiscali may be the one; time will tell ...... meanwhile, it is almost inconceivable that PXC will go bankrupt, unlike a number of other stocks that are heavily promoted on this site, ranging from dodgy E&P outfits to and through coffee shops, biodegradable plastics manufacturers, software houses etc etc

Morning cynic, surely its not for us to postulate on where a company can stave off going through the hoop!

We are here to make money.

I do this with Blue Chips for the Divis and any SP advance thrown in for luck.

Or with Recovery Speculatives. I give themn two years to show hopes etc-

Takeovers are good buys only if they profit the shareholder and I would not buy into a stock trusting it will be taken over---takingover sounds better to me with good organic growth.

I mentioned two here, RGT and PIPEX and relegate them to dreamers land in the hope that some shareholders may be sparked into life to prove me wrong.

After all these BBs are to stimulate, openly discussing/and an investigation into shares from which we can all learn.

The rest of your comments I fully concur with

my own view is that i think the downside on PXC is very limited, so though i am arguably a bit overweight there and running an acceptable loss, i am inclined to stay put ..... for how long i shall remain patient, i do not know .... as for RGT, it is not a stock i know at all

Hi Cynic with respect I am only interested in the upside.

upside is probably to 16+ if deal with Tiscali or another done ...... once that is out of the way, then would not be surprised to see Dubens take the balance private quite quickly, adding a further 2-4p

I TRUST YOU ARE RIGHT BUT DO NOT SEE THAT HAPPENING MYSELF.

BUT GOOD LUCK ANYWAY.

TheRegister is reporting that Tiscali is taking a keen interest in Pipex's residential broadband service. It claims insiders at Pipex have suggested that the terms of a deal would be expected in the next 4-8 weeks whilst the company plan on how to divide up the business. It also claims that Pipex staff are not very happy about the proposed transfer.

This change would help Pipex re-focus itself as a business service provider. It is suggested that this deal would give Pipex access to Tiscali's LLU network which is one of the largest in the UK and currently four times larger than Pipex's own LLU deployment. Tiscali's LLU network and Pipex's customer base do not seem that bad a match from a commercial point of view, although we have no doubts a section of users will be concerned over performance.

hotrott .... thanks for the post, but i think it is several days old

Could be but this came from yesterdays thinkbroadband.com

if it's run by Pipex, be not surprised that they took several days to wake up!

The assertion the PXC has never gone anywhere is obviously not true. I'm currently sitting on a paper profit of 60% (it has been as high as 100%) but believe, over time, it will advance from here. So if I'm a dreamer I'm one who got in at a good time. Let's wait and see.

Hello Queen1 its the same price now as it was almopst 5 years ago---hardly encouraging.

but one could have made quite a lot of money in the interim

you would need to deal in millions of shares as the trading spread was never that great and dealing costs would have taken thier toll.

David10B - I'm sitting on a paper profit of 60%. I bought at 8p and it's now c.13p. Surely you understand that a profit, or loss, depends on what price you bought the shares, relative to the price they are now. The fact that they are the same price as 5 years ago is completely irrelevant to me and my holding.

Brilliant please keep it up

David10B---------I do not hold these anymore but have been in and out several times since August 2003 when I paid 4.84p each for them, at that time they were GX Networks, whilst you may be right in saying the sp is the same as 5 years ago (I have no recollection of them being around 12-13p) let's not forget that the co has issued shed loads of shares over that period. I endorse cynic's post.
2517

Good for you George but they are trading around 12-13p right now

lots of move ment today there must be some news on the way .

Time Price Volume Value Buy/Sell Type (key)
17:08 13.00p 204,324 26,562 Buy O
17:03 13.00p 500,000 65,000 Buy O
16:56 12.99p 500,000 64,950 Buy O
16:38 13.00p 409,687 53,259 Buy O
16:34 12.93p 9,000,000 1,163,700 Buy WT

Mensioned in the times today.Goldman sachs added pipex to its buy list.expecting the strategic review due in a few weeks to be possitive.Ofcom is expected to allow uk broadband to sell wi-max services which is positive news for pipex.