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 was just in profit before todays drop... this share is sure testing....

It's Pants again ! just when you think this may be the one time it's gonna go up for sure it.... heads south again ! what a surprise ! still, it's a good opportunity to buy more at these levels.(imho) If it goes below 8p- i'm going in again....

Sell,Buy in or hold ?

Troys..Beats me ! this one is tough to call.. who knows?

I read somewhere else that today's Invest. Chronic.(?) are still rating this a "buy" in their tips update section....so.... I reckon there is stock overhang to clear through and at some stage the SP will suddenly shoot up (nearly double). I've still got a small qty left and will hold on... at these levels I will top up if I can... still reckon these are a buy... (dyor,imho) :)

Thanks skyhigh. Think i will wait a week or so before i decide to buy in again.

I'm another one waiting in the sidelines for this to move. Perhaps Dubens has something up his sleeve?

I bailed this morning, held these shares for about 3 or 4 months now, seen um go down, and then back up, and now they are starting to drop again. They are currently pretty much at the price I paid all those months ago, so seemed a good idea to sell them as I really think I can do better elsewhere with my money...

I've held these shares since they were GXN (over a year) and am sitting on a pretty good profit, but it's been the same story for the whole time. Looks like they're about to shoot up and then go nowhere.

It will take some good news, and probably a break into profit, before the real value of these kicks in. In the meantime I have taken some profit and am happy to sit on them until they eventually move. Won't be this week, though :-)

Doug

I also bailed at small profit but earlier this week before it dropped from its 9p peaks.Had enough of up/down up/down like a kangaroo on a spacehopper but getting nowhere. Opportunities elsewhere but I may be back later

Perhaps this is the reason for this week's falls - frustrated kangaroos getting out!

No just sensible investors.

MS

'investors' do their research and patiently wait for REAL rewards.

Vitually all traders lose.

"The stockmarket is a device for transferring money from the impatient to the patient" Buffet

Yeah, but when my top three tips for 2005, SEO/IDS/MMG (see Goldfingers thread) are flying why the hell should I stay with a share that has made me bog all in 4 months, as I said I may be back once it starts to become profitable.

How long do you have to wait before you start to see a return on you investment. This share has fallen nearly 40% since August. Go ahead and hold on but it's hope value now and will be so for some time to come. There are much better investments to be had. Part of being a good investor is knowing when to move on. If you had put you money in a bank and it performed like this you would be livid. But it's up to you. For me I got out at just under 9p re-invested and I'm up 15% already.

LOL

MS

I always though the trick to shares was to sell your lossers and take the hit, and hang on to your flyers, I am hanging onto NLR that I purchased at the sametime as Pipex, NLR have made me a massive 96% profit so far, Pipex lost me 5%... so I sold Pipex, makes sence to me...

SimonP

Right on. You've got to know when to hold and when to run. I did the same as you but unfortunately not with NLR.

LOL

MS

Pipex Communications PLC
28 January 2005


PIPEX Communications plc (the 'Company')

The company has made application for a total of 1,500,000 new ordinary shares of
1 pence to be admitted to the Alternative Investment Market ('AIM') following an
exercise of options from the company's Employee Share Option Scheme and rank
pari passu with the existing Ordinary 1p shares.

Admission of the New Shares to AIM is expected to become effective at 8.00 am on
3 February 2005

Since August? A whole 6 months. LOL

cgt bills of 20K can extend ones outlook.

Ah, well yes that does focus the mind a bit.

LOL and a good week-end

MS

Good luck with your investments - hope your name becomes a misnomer!