3SOF

Hey eliteG, I think you were long on PACT and long long time ago (that's the whole point of LONG right?  ).  How do you see the news that came out yesterday?  I like the word "potential" in the news, reminds me of CAFE and CAFEW.  Trying to figure out if I should get in at the open.
http://biz.yahoo.com/bw/050714/145490.html?.v=1

I believe last time it had news like this it jumped.

Played PACT a few times, and it can sure run on news. Interesting that past few sessions been moving well on moderate vol. Yesterday vol was just above average but not real momentum flow compared to previous runs. Will be watching this AM for possible entry if volume flows in will see as it sold off some after the news.
Mike

Thanks AussieTrade!

I have seen how PACT can react to news even after some "quiet" movement when the news came out.  I don't see much risk here since the price still reflects to the price before the news.  I'm in.

A huge Symmetrical Triangle.
Watch for breakout.It looks like it is coming,IMHO.
Monday could turn out to be a very interesting day.
Above the 50-day MA and the 200 day-dayMA
Market Cap....$81.55 (M)

PacificNet, Inc. to Announce Second Quarter Financial...

EAGAN, Minn., Aug 11, 2005 (BUSINESS WIRE) -- PacificNet, Inc. (PACT, Trade), a leading provider of call center, customer relationship management (CRM), and value-added telecom services (VAS) in China, announced today that it will release its second quarter financial results for the period ended June 30, 2005 on Monday, August 15, 2005 prior to the market opening.

The company will host a conference call to discuss these results and its business outlook at 8:30 am. EDT. Tony Tong, PacificNet's Chairman and CEO and Victor Tong, President will host the call. Interested participants should call (877) 853-4941 when calling from the United States or (706) 758-7522 when dialing internationally. Please use pass code 8680629.

There will be a playback available until midnight, September 15, 2005. To listen to the playback, please call (800) 642-1687 when calling from the United States or (706) 645-9291 when calling internationally. Please use pass code 8680629 for the replay.

This call is being webcast and can be accessed at PacificNet, Inc.'s web site at http://www.pacificnet.com until September 15, 2005.

About PacificNet

PacificNet Inc. (www.PacificNet.com), through its subsidiaries, invests in and operates companies that provide Outsourcing and Value-Added Services (VAS) in China, such as call centers, telemarketing, CRM, business process outsourcing (BPO), interactive voice response (IVR), mobile applications, and communications product distribution services. PacificNet's clients include the leading telecos, banks, insurance, travel, marketing, and business services companies, and telecom consumers, in Greater China. PacificNet's corporate clients include China Telecom, Netcom, China Mobile, Unicom, PCCW, Hutchison Telecom, Coca-Cola, Bell24, SONY, Samsung, TCL, Huawei, American Express, Citibank, Bank of China, and Hong Kong Government. PacificNet employs over 1,400 staff in its various subsidiaries throughout China with offices in Hong Kong, Beijing, Shenzhen, Guangzhou, and branch offices in 26 provinces in China, and is headquartered in Minneapolis USA and Hong Kong.

PacificNet Epro (www.EproTel.com.hk) is the industry leader and leading provider of outsourced call center, telemarketing, CRM, SMS, Interactive voice response (IVR) services, and other value-added telecom services (VAS) with over 13 years of field experience in Greater China in Outsourced Call Center Services, Training and Consulting Services, and Call Center Management Systems. Epro's business consists of the following three major categories:

1. Outsourced Call Center Services.

2. Training and Consulting Services.

3. Call Center Management Software Products and Solutions: Epro's software products include: WISE-xb Call Center agent performance, inbound/outbound management, and reporting software, and Automatic Call Distribution (ACD) System, UMS, and SMS.

SOURCE: PacificNet, Inc.


PacificNet Inc. 
Jacob Lakhany, 605-229-6678 
Email: [email protected] 
or 
CEOcast, Inc. for PacificNet 
Ed Lewis, 212-732-4300 

Copyright Business Wire 2005

Any thoughts on PACT?  They recently reported record earnings and a very strong forcast for 06:

http://biz.yahoo.com/prnews/060418/cntu022.html?.v=1

However, are currently facing delisting from the NASDAQ, which is expected to happen at opening of business TODAY, based on a failure to make a timely 10K subission for EOY05 financials.  They should have appealed the decision, and it remains to be seen what happens at open today, but the chart looks appealing with a close yesterday right on the ascending trendline.

Clearly a solid business in a spot of bother - could this be a (albeit slightly dangerous) bargain?

Time to re-enter in ...
It  seems to waking up ... closed yesterday @ 5,26 ( support @ +- 5.25  )
PACT signed since september 19 with China's Leading Airlines Ticketing Center, Mc Donald, China Telecom....


and yesterday with Motorola....

Motorola Chooses PacificNet iMobile as a Designated Channel Partner and After-Sale Service Provider in China
Tuesday October 3, 1:44 pm ET 
- PacificNet iMobile to Provide Online E-Commerce Distribution and After-Sale Services for Motorola's Phones and Accessories in China


BEIJING, Oct. 3 /Xinhua-PRNewswire/ -- PacificNet Inc. (Nasdaq: PACT - News), a leading provider of Customer Relationship Management (CRM), e-commerce and gaming technology in China announced today that its subsidiary, PacificNet iMobile, has entered into a new agreement with Motorola to become a designated channel partner and after-sale service provider of Motorola for mobile products and accessories in China.
ADVERTISEMENT


PacificNet iMobile operates via two major Internet portals, "http://www.imobile.com.cn" and "http://www.18900.com," and a WAP portal, "17wap.com," for mobile phone browsing. iMobile has the largest mobile user community in China, with over 3.4 million registered users. 18900.com is the leading Internet e-commerce distributor of mobile products in China, covering 1,572 cities throughout the nation.

The new agreement with Motorola states that PacificNet's iMobile is the designated platform for all after-sales channels of Motorola's accessories in China. It also states that all after-sales service providers of Motorola will use iMobile's portal as a reference guide for pricing accessories. PacificNet's iMobile has been designated as an authorized service provider of Motorola for its Motorola Online Shop (http://www.18900.net).

Zhang Wei, General Manager of PacificNet iMobile, stated, "We're very pleased to have this opportunity to be a designated provider of Motorola's accessories in China. PacificNet iMobile is one of the leading Internet information portals and e-commerce distributors of mobile phones and accessories, as well as mobile related value-added services in China. We believe that our unique combination of e-commerce management, telephone support and distribution, and logistics management gives us a winning edge in China's vast mobile phone and accessories market."

"We believe that the opportunity to work with one of the largest and most widely recognized communications providers in the world is substantial," said Victor Tong, President of PacificNet. "iMobile has demonstrated their ability to support a wide range of online and offline marketing initiatives, and with the growing demand for communications services in China, we feel that the potential to generate strong revenue from this relationship is significant. We are very impressed by the experience and enthusiasm of iMobile's founders and their team of VAS professionals. iMobile's nationwide e-commerce, VAS network, and customer service centers covering 40 major cities in China represents an opportunity to enhance PacificNet's e-commerce and CRM services network in China. iMobile is expected to expand PacificNet's position as a leading provider of e-commerce, customer services and CRM in China's mobile distribution market and increase our e-commerce and VAS revenues, profits, and our nationwide CRM service coverage."

About Motorola

Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by a vision of Seamless Mobility, the people of Motorola are committed to helping you get and stay connected simply and seamlessly to the people, information, and entertainment that you want and need. Motorola does this by designing and delivering "must have" products, "must do" experiences and powerful networks -- along with a full complement of support services. A Fortune 100 company with global presence and impact, Motorola had sales of US $36.8 billion in 2005. For more information on Motorola, please visit http://www.motorola.com.

It looks like a reversal and good agremants for the future !

About the chart :

http://stockcharts.com/h-sc/ui?s=PACT&p=D&b=5&g=0&id=p36849257574

Id....

PacificNet Positions Itself for Launch of China 3G by Strategic Deal With China Unicom

hit 6.25 today...

http://finance.yahoo.com/q?s=pact

Id...

12:13PM PacificNet sees FY08 revs of $60 mln (PACT) 1.69 +0.16 : Co announces the following market updates today: 1. As previously reported, PACT has issued 1,230,000 restricted shares of PACT in connection with its recent acquisition of Octavian, which will be held in an escrow account and will be released in 2009 in accordance with the payment and earn-out schedule in the Sales and Purchase Agreement. The other 1,100,000 shares issued in connection with the acquisition are restricted shares of PACT and cannot be sold for at least six months pursuant to SEC Rule 144 requirements. 2. Assuming the current stock market environment persists and without the possibility of new funding, PACT expects to achieve minimum $60 mln revenue for Fiscal Year 2008 , assuming no equity, convertible, or other financing during the year. The new projection is based on the scenario of no new fund raising, as compared to the earlier projection based on certain fund raising. 3. Addressing the multi-year low stock price, PACT believes that certain short selling groups are attempting to manipulate PACT stock price by selling its shares short on a "naked" basis. PACT notes the SEC's recent move to curb these market abuses and is glad to see that the regulators intend to step in to protect its long-term, strategic shareholders.



52wk Range: 1.52 - 7.15
Volume: 204,712
Avg Vol (3m): 77,253.2

Technicals
Record Price Low
Percentage Gainer

Last Price Quote is:
10.75%above 13-day MA
-21.53%below 50-day MA
RS Rating: 98 

Fundamentals
Key Data:
Market Cap (M): $18.34 
P/E Ratio: 103.52 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Hold