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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock?
XNET 7.260+2.4%Jan 2 9:30 AM EST

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To: proud dad who wrote (499)3/18/1999 10:35:00 AM
From: FFNEODOC   of 1593
 
<<Why won't the company put out a release on projections??????

I don't think they understand that in the current US market, you have to toot your horn on a regular basis to keep investors interested; it's certainly been successful for IMOT. (Maybe the difference between Eastern & Western cultures.) Rather than shelling out money or shares to a PR firm, they are saving their profits to invest in expansion of their business to other cities in China. (Pretty stupid business plan, isn't it?) At any rate, I think the creation of this Company Web Site (in English) will bode well and allow dissemination of info without costing them a whole lot. They seem to be going about releasing the financial info correctly; following an audit and filing the necessary forms to SEC so they will won't face OTC de-listing next year. A rapid run up in share price may make the day-traders happy, but a consistent sustainable stream of revenue growth will pay off for INVESTORS in this company in the long run.
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