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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: Dale Baker who wrote (1991)7/12/1999 3:45:00 PM
From: donkeyman  Read Replies (1) of 3519
 
Dale: No doubt AOL has tons of cash at US$2.77 billion but on the other hand, isn't it amazing how a little hometown grown UK Internet company called x-stream the 1st. to offer the world Free Internet, brought the mighty giant AOL to their knees by forcing them to drop their Internet fees by 40% in the UK.!!! If that isn't bad enough, looking at those figures out of the UK a week or two ago, it's quite possible x-stream may have edged AOL out of 3rd place.???? Now if the giant AOL bought x-stream out, that could backfire big time - an American company, Goliath the Giant buying up little David at only $10.00/sh. so you suggest.!! I'm hoping the Brits will patronize the hometown boys like FreeServe and x-stream etc but more x-stream. When you mentioned AOL could buy out x-stream at US$10.00/share, how could that be possible? I could see that happening in a company like Bid.com with 90% of their shares on the open market, but what percentage of x-Stream shares be on the open market? If it's not the majority of shares, I don't think X-Stream would give up this European Internet fight for just US$10.00/share. US$30.00/share might be a different story.
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