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Microcap & Penny Stocks : XSNI - X-Stream Network
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To: VBroady who wrote (2195)7/20/1999 9:04:00 PM
From: donkeyman  Read Replies (1) of 3519
 
VBroady: How can we get a rough idea of the value of X-stream? Once Freeserve has had one day with their IPO on the Nasdaq I think we'll get a handle on the value of x-stream. For example, we know China.com has 400,000 subscribers in a market of 100 ISP's and we also know they're in 39th position and reached a high of US$67.00/sh.. They have, I think, 4.2 million shares in the float and about 30 million shares issued. Now if FreeServe has about the same number of shares as China.com and FreeServe with their 1.3 million subscribers comes down with a high of US$70.00 or US$80.00/sh on their 1st. day on the Nasdaq all we need know then is how many shares x-stream with their 400,000 users has in their float and shares issued. If they have the same number of shares as China.Com. the pros should then be able to put a target price on them?? If we went with the information above what price would you put on X-Stream as a high????
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