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".

I like you hold PDX and PXC, got in 4.88 and 6.89 on PXC so should start looking
at banking some profit soon...

Would not bank any profit untill the share realy stalls, I bought at 3.3 but think there is still a lot more in this one yet. I think the punters who hold on till 2005 will be very happy. The question is will they buy again this year to keep the momentum going. The banks will be happy to lend but what is out there and ready to purchase as most stocks seem to be on the up at the moment.

Sitting pretty at present just watching the price rise week after week at present, just waiting for PDX to go now, that should motor once contract details
released soon.

Could see the 16-20p barrier pretty soon, as recent reports by PIPEX suggest all is going excellent and earnings future very rosy indeed.

Acquisitions news may follow soon I think due to last statement hints, any suggestions holders?

Having bought pxc at 7p I'm now up 57%, I've set a stp loss at 9.75p and am currently wondering if I am being greedy not cashing in and trying for growth with another company.
Contemplated setting the stp loss a little higher but the chart at the moment gives no clue as to a support level having risen so sharply.
These statements are made from a naive standpoint as I am still befuddled by the mass of information avilable and the many ways it can be interpreted. I do keep coming back though to the unarguable fact that 57% profit net of costs is pretty healthy in todays market!
Again when I look at the trades today I see sellers are leading the way. Have we not seen pxc reach its peak in the short to medium term?

Kram
I'm pretty much a novice at trading but have held PXC since September at 6.7p and like you, the little experience I've had tells me that non stop profit making is unrealistic - however, I've decided not to cash in at 11p (means 25K to me in profit!) because all the projections of future growth and recommendations to buy look good and the danger in taking the money and running now are that it is not easy getting the timing right on when to get back in; or making the assumumption the rises will now stop; I sold RTD for
16.5p because of my belief the rises could not continue and there would be a fallback but it continued up to 21p and I felt pretty sick - no hard and fast rules in this game, the one thing I DO know is that you can predict that prices are UNpredictable..........not much help because the truth is no one really knows...

PIPEX COM the company and the nature of it new business strategy has not even started to kick in, when you acquire a business in the real world you would formulate 3-5 year strategy...PIPEX Is no different...worth thinking about...

imagine the share price as the company builds up through profitability/cash/organic growth/aquisitions......?????

Just some thoughts - After the recent rise it was only a matter of time before some profit taking was bound to happen, still the trades do not seem that bad, we will have to see what happens Wednesday. jules99 is right this is still a good long term bet and as most of us have been in this one for some time and made good money, the call will always be when to cash some profit. The eoy report is still to come and I think it will be better than expected and push the price up. As you said it is only a young company that has been able to achieve alot in a short term. Still think 13 - 16 is the next target and the shares may trade at 10 - 10.25 if buyers do not return to support, below this would require some consideration.

seems; Once all selling is done by weak holders, should see it move again...MM's just creamimg out panic sellers at 10.75p...

Appreciate the balanced feedback from all posters.
Fundamentally I agree with the sentiment that pipex has a long way to go and that this could be the beginning of a fruitful couple of years. I suppose because I am investing comparitively small amounts I am trying to maintain momentum so that I can accrue a decent stake and build from there.
I know its early days for pxc and for now I will hold. Still confused though at the apparently huge volume of sales compared to buys.....

The sales are natural as many people have held a position in GXN/PXC at sub 8, 6 and 4p levels - therefore it is natural to see those buyers realise their paper based profits.

MAY PICK UP A FEW BEFORE CLOSE AT 11P, HAVE A FEELING DOW, NAS WILL ALSO START TO RECOVER FROM LAST FEW DAYS SELL-OFF FOR CLOSE OF WEEK...what goes down must come back at some point..

Well lots of sells today still clearing out the takers lets see what Friday brings and the total sell / buys for the week.

Stick with it. Look at the chart over the past six months. It pushes up a lot and then pulls back a little. In the long term I strongly believe this is only going one way. This company has put in place some very good strategic components for great success.

Pipex is now the largest investment in my share portfolio and I am reasonably optimistic about making a reasonable profit in the medium to long term.

The long term success of Pipex will depend on the service it provides to customers and value for money etc. The market for broadband provision in the UK is quite competitive.

The site www.ispreview.co.uk provides user reviews of the different ISP providers. Pipex does reasonably well but 'could do better' in some areas, particularly technical support.

If all sellers are done, we should hopefully see more momentum this week...

quietly moving...shhh!!!

buyers now willing to the 11.4p level, a good sign no doubt...

10.75 - 11.5p

I am a novice investor can anyone help me out with the tax aspect of dealing .which i don't understand .i retired early through ill health and am on a pension and deal in my spare time .i need to know how i calculate my tax liablity
i don't know where else to post this and as i respect goldfingers postings i thought this would be a good place to post this
anyone who can help i would be grateful

zul187
Not very experienced myself but if you press the search button at the top of the lists and enter tax in the body keywords you will list several threads that may be of some help.
BA