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".

Um... I hope so too - The morning got off to a very poor start, I checked the trades and it would appear a fair few were small trades. The spread is really upsetting and doesn't give me a great deal of confidence, it did get a little closer by end of day but I would still prefer it to be tighter (thats .25 tickers for you). Haven't been around today, so missed all the action! I might drop a buy order on Monday @ .07p, be interesting to read the press over the weekend, so I'll decide 10.30am Monday, see how it starts the week. I'm probably still going to stay out for a few more days, only because I feel it may drop a tad more yet (wouldn't want to short it though).

Troys - you think this is a tad boring... try buying a block of CYH, everyone in there have been waiting that loooooooong they've taken root!

Good luck anyway & have a great weekend

NF

yeah, this was 12p back in jan.

wish i sold now then. hindsight is a great thing

The mood's definately changed over the course of a week huh?

not over course of a week. Over course of a year, blakester.i never expected it to drift so much and for so long.

Must admit, i dont have good vibes about it now but its too late for me to sell as i bought just under 7p so may as well hold for long term. I bought fo long term anyway but had this for more than a year and price is almost the same from when i bought.

I understand your disappointmentThis is my third time in and am invested at similar levels to yourself.
There are a number of shares which continue to make no sense and this is one of them.Just because they change their accounting practices to a more prudent system is not a reason why there share price will take a further year to make headway!
BT comment today about there growth in Broadband.........If PXC are "the business" thay should be making positive comments to!

Come on stay calm guys. Did i not get it right last week.

Just stick in there the problem is theres to many bloody shares.

Lets all get onto investor relations and say we think for everyone held we should have a share price divider by 10, similar to the planestation move, but please upwards in the long term. So we would be looking at what 70p plus. but less shares held. I am sure this would help in the MEDIUM TERM.

cheers GF.

why is it every time i look at PXC they look cheap....and then i get my fingers burnt. They are now at 7.3 ,which i thought was a steal when i bought them, but they are back there again now and not looking like they will maintain it based on their recent performance

Sod Pipex, 6p here we come.

MS

Another stellar performance....

yeah, down again. And thats buys muxch more than sells!!!

Cant understand your so called calmness GF. This share steadly decreases through time (albeit slowly). Chart doesnt look too good either. Any chartists out there to predict things?

"down, down, deeper and down"

No have faith - someone has just dumped 3.5 mil so the SP will go up !!!

Good God - it did - now what do you make of that? Please keep selling and may be I will be able to get out at 9p!! The MMs are having a ball they have just bought at 7.12p and sold at 7.14p

probably a buy not a sell. can anyone confirm?

Trades are up again. Not sure whether buys or Sells ?

8m traded at 7.10 and 3.3m at 7.0 late afternoon. price then ticked up.
Hope next week is more interesting for PXC

Wow, how unloved is this share right now? I hadn't logged in since Friday and had to trek through 3 pages to find to the thread.

Load of dogs poo. Bloody PXC.

MS

Boring Boring Pipex!!!!

Its so unexciting i have exited for the moment. But find it frustrating as i rally think its a great com[pany , but if the city dont i agree who ami to argue . Ill put my 50p with ASC,SEY,YOO or PET for the moment -just a little bit more exciting , but I am watching