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Microcap & Penny Stocks : XSNI - X-Stream Network
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To: Jeffrey D who wrote (1717)7/2/1999 10:45:00 AM
From: Dale Baker  Read Replies (1) of 3519
 
That is the best rationale for holding the stock long right now. If XSNI would release some financials and give us some idea how they plan to finance their build-out and compete with the others, I might even pick up 1000 shares myself just in case they get it right.

But right now I think the risk is too high that XSNI will drift back under a buck once Freeserve starts to trade and XSNI's NASDAQ listing goes up in smoke.

Does anyone even know if XSNI meets the NASDAQ's net tangible asset test? I have no idea myself.
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