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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: Glenn Petersen who wrote (1422)6/22/1999 2:50:00 PM
From: donkeyman   of 3519
 
Glenn, You put a price on X-Stream of US$13.18/sh. (Cdn$19.37/sh.)based on the same valuation as FreeServe using 350,000 X-Stream subscribers. I'd say X-Stream has 375,000 users by now, at least that will put them over CDN$20.00/share.!!! X-Stream also owns Neathead and G.O.D. That should be a big boost in share value right there for X-Stream.!! The latest FreeServe report just goes to show how the UK news media is still a couple of years behind the USA. Imagine putting a headline "Dixons' FreeServe unlikely to be Profitable in the first year". None of those big Internet companies outside of EBAY were profitable in their first year and yet they have 20 or 30 times the market valuation of their true worth. People are buying those Internet stocks where they can see them go in the future. Not at the present!
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