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".

New Ground now. 9+

Slowly but surely....although it did this about 3 weeks ago.

I've been holding these since mid-2003 when they were still GX Networks. I've seens this kind of movement so many times that it's simply not exciting any more. I'm just longing for the days when I could have sold at 12p.

Still, I originally bought in at about 4p and various buys and sells over the past year have given me a tidy profit out of these so my remaining holding is pretty much already paid for. I've recently trimmed my holding to put into more exciting ventures, such as COH and SEO.

Doug

day 3 blue !!

Results not until April--maybe something afoot??

Blue for the 4th day running. Some big buys today

20m of buys. Looking interesting

This is a new six-month high. They haven't been at this level since the start of July.

And back down again...

SURPRISE SURPRISE !

Ho hum. One day it will surprise us all and take off. Personally I think this is going to be the year of VOIP and if Pipex can get their offering right then there's huge potential.

Doug

Selling today. Not to much damage. We live in hope

Big sells now. We are doomed !!

Nah, it'll just trickle down to the 8.75 level again and wait a couple of weeks before trying to get us excited again.

I pretty much ignore PXC. I've been holding it for over 18 months since it was GXN and am so used to it being there in my portfolio I can't bring myself to drop it. I'd always be worried that it might take off the following week!

doug

Likewise Doug. Spread out from 2% to 5% now

Spread out to 7.8% now. Why the movement?

On the slippery slope again

That's what I love about you Troys - Always the first with the good news...

Wish i had good news to give Queen 1

Pipex have released some changes to their pricing today - there's no RNS.

They needed to do this because BT were being pretty aggresive in their pricing.
Actually Pipex's prices look quite keen.....

Pipex Lite is a new product, this will be a metered product, with various allowance options and extra allowance costing 2.50 per GB. The service will be sold as a 2Mbps service, but if a persons phone line will not support this, Pipex will connect you at a lower speed. The service normally costs 19.99 with a 2GB allowance, with a special offer price of 14.99 for the first three months. Two other monthly options exist, a 5GB package for 23.44, and 15GB for 27.99.

The Pipex Solo range continues, though Solo 500 is dropped now, the speed options available are Solo 250, Solo 1000 and Solo 2000, priced at 14.99, 23.44 and 33.99 respectively. Again if your line will not sustain 1Mbps, a 0.5Mbps service will be provisioned. To quote Pipex on the Solo service "PIPEX is one of the few remaining ISPs to offer truly unlimited broadband, PIPEX Solo, with no usage limits, no caps and no lock-ins."

Existing Pipex Solo users are set to benefit, free upgrades to double the speed of their lines where it is possible will be taking place. Pipex has also asserted its plain to take place in the BT Wholesale trials of ADSL at up to 8Mbps that is due to start in April 2005.

As a sign-up bonus for new customers on the Solo range, Pipex is set to offer a free weeks holiday accommodation as part of its World For Free promotion. Customers choose their own airline and insurance provider.