Fatt, IMHO, XNET is a screaming BUY again. Here is why....
In addition to being an ISP, XNET plans to become a fully fledged e-commerce Internet Portal, and IMO, that means they'll emulate the successful models of Amazon, E-Bay, etc... and maybe even add a financial site.
Its cooperation with Eduverse, to provide free English tuitions to Chinese should be very successful in adding new subscribers. Revenue will be derived from advertising during the tuitions and shared with Eduverse. BTW, EDUV makes also good sense as a potential investment, so far mostly overlooked.
XNET is moving rapidly and will undoubtedly become one of the majors in China over the next couple years. That's why I am biased and long on the stock.
Regards, F. Goelo + + +
|