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Microcap & Penny Stocks : XSNI - X-Stream Network
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To: donkeyman who wrote (1872)7/8/1999 7:34:00 AM
From: Dale Baker  Read Replies (1) of 3519
 
If the collateral for the LU deal is the equipment itself, LU can show up and repossess it whenever they like.

But we don't know the terms of the deal because XSNI won't tell us. Nor will they tell us how much interest they pay every quarter, their other expenses or all the other info you need to decide if XSNI is worth $100 or $1.

Sometimes cheap companies are undervalued. And other times they are cheap for a reason. And often you will make more buying big Internet names even when the prices seem high. The cost basis for my RNWK shares is 30, for example (now trading in the 80's). Just buy 1/10 as many shares as you would of a stock like XSNI. The dollar amount is the same.
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