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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: ysell who wrote (2008)7/13/1999 9:25:00 PM
From: donkeyman   of 3519
 
ysell: How have you been? Early- did a good overview for you on the x-stream situation. This UK crowd is difficult to get information out of, I have been told they are all the same over there. They go into those quiet periods while they're working on an IPO but x-stream's chances of getting an IPO I do not know. It's like buying shares in China.com and FreeServe. What's your chances of picking up shares at a good price when they come on the Nasdaq? The answer is like a "snowball in Hell". So the small guy often turns to a company that's in the same game like X-Stream.!! The classic example is China.Com today with an IPO of US20.00/share and in a flash it was US$60.00/share. Imagine putting in a market order on that one today.!!! Lucent has worked out some US$28 million deal with x-stream. I hope they don't throw around that type of money without investigating x-stream's past, present and future. Many are hoping x-stream will ride the FreeServe wave and that's coming down within 2 weeks time. X-Stream has been the 1st. in Free Internet in the World +++ and they hold 1/3 of FreeServe subscriber numbers so I ask you, if FreeServe jumped US$60.00/share, where do you think x-stream would jump from US$3.75/sh., I some how don't think they would drop? These valuations are based on subscriber numbers from what I can gather. Now if this "quiet crowd" that runs x-stream can pull off an IPO, it could shoot through the roof. Everyone around here have their fingers crossed. But let me say the situation today looks a hell of a lot better than it did two months ago with what we're seeing with China.com and FreeServe. Best of luck on your DD. i hope you have the luck you had on Bid.Com.!!!
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