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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: donkeyman who wrote (2724)	9/7/1999 10:52:00 AM
From: donkeyman	Read Replies (1) of 3519

Can this be correct.? X-Stream Market Cap: 34 million shares issued x US$2.62/sh =US$89 million. Now based on Subscriber value (like all ISP's) 440,000 subscribers x US$200.00/subscriber = US$88 million.(approx. the same) Freeserve has a subscriber valuation (this weekend) of US$2400.00/user (1500 British pounds). 12 TIMES MORE THAN X-STREAM'S SUBSCRIBER VALUE. I can see a difference in price, but 12 times more.????WHY SO MUCH, THEY ONLY HAVE 3 TIMES MORE SUBSCRIBERS.??? NOTE: Good report on ISP's in USA about JV's and ISP buy-outs, see Cybersurf (CY:ase) Thread, post #2233.

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