XSNI - X-Stream Network Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : XSNI - X-Stream Network

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: donkeyman who wrote (2843)	9/21/1999 12:22:00 PM
From: Jeffrey D	of 3519

FREE losing customers to other free ISPs.<gg> Jeff Posted 21/09/99 12:14pm by Sean Fleming Freeserve shares drop below offer price Despite being massively over-subscribed when it floated in July, Freeserve's shares fell yesterday below their offer price. From a starting point of 150p in July, Freeserve soared to the dizzy heights of 244p in early August, but at one point yesterday dropped to 135p. While some pundits are heralding this as the beginning of the end for the markets' love affair with all things Net-related, more realistic causes for the price fall could be found in concerns over Freeserve's ability to hang on to its newly-found customers. After shaking the market up when it launched its free Net access service, Freeserve has witnessed more than 100 free ISPs enter the market. Perhaps the most significant of which has been AOL's Netscape Online. When it launched, Freeserve claimed it would woo customers from AOL and others in droves. But the launch of the free Netscape Online service has seen Freeserve customers turn tail and sign up with AOL's subsidiary. This is not the first time the Net stock bubble was supposedly about to burst and it probably won't be the last either. ©

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next