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.

My first post - be gentle with me!
Mighty Micro - point of detail - no such thing as licence-free WiMax in UK - only WiMax is licensed. There are indeed earlier versions which are WiMax-like (802.16a variants) but these cannot be called WiMax.
Shareshop - There are only two current WiMax licence holders - Pipex and UK Broadband. Since WiMax as a technology has real differentiators, this therefore creates a premium on the licences. I believe your reference to OfCom auction is out of date - there was to be a licence for 2.5GHz spectrum in the Autumn. Following pressure from the 3G competition this has been cancelled/delayed and may never happen. This only makes the existing 3.5GHz licences all the more attractive to Operators, Systems Integrators and end users (IMHO).

Sounds good to me wireless Keep posting!

OfCom has just updated status on the alternative 2.5G spectrum auction. It confirms that the Mobile Operators have been against the auction, but states that it is convinced that [WiMax] Operators have a competitive offering that users actually want and that they should therefore press ahead in freeing up further WiMax spectrum (paraphrasing).
Bottom line is that a further round of debate is to take place, leading to regulations being enacted in Q1 2008, leading to the auction proper in Q2 2008.
If you want to wade through the detail, go have a look at the OfCom release at
http://www.ofcom.org.uk/consult/condocs/2ghzdiscuss/summary/

EGM Friday 11.00am .News regarding-Wimax-possible payment to shareholders re Tiscali-how the company goes forward??? dont hold your breath.jim

Where are all these 19p - 22p valueations that some have posted here just six months ago?

ouch - thats a sight, then again, general market sentiment and obviously PXC no exception.

8p i think

cut my losses .... see little or no upside in the near future

Just a query over valuations. When Tiscali agreed to buy part of Pipex for 210 m., the company was valued at about 380 m. (I believe). Today the whole co. is valued at 245 m. Does it mean the balance left is only worth 35m.?

and where is the cash from the Tiscali sale factored here ...?

crockham-----I would imagine that both elements would have shrunk in value.
2517

TIscali offer is fixed at 210m (or 8.7 p per share). rest of Co is worth far more than the market is factoring in, but the general fall applies to everyone, despite these facts !!

can Tiscali withdraw from this deal? That is my only worry....

Or revalue (downwards) it's offer?
2517

maybe they will ofer 1 by time market is in 2 months or so

OFT Clears the way for Tiscalis takeover of Pipex

PIPEX BROADBAND

Any ideas what the next 6 months looks like in terms of SP. Should one hold onto these or jump ship.

its a share to leave in the drawer long time, i've done fine by them but it has dropped a lot from 17p..........if it takes another year or 2 to get there again, i'll sell

crikey ! sp moved up ! that can only mean one thing ..... it'll go down again !

Surprise surprise! it's gone back down again !