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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: Dale Baker who wrote (2037)7/15/1999 8:55:00 AM
From: donkeyman  Read Replies (1) of 3519
 
X-STREAM QUESTION;--Looks like the average valuation of FreeServe is about US$2.20 billion and based on US$1500.00/subscribers. So X-Stream's valuation should be in the area of US$600 million (400,000 users X US$1500.00/user). X-Stream also has South Africa going plus they own Nethead and G.O.D. I don't know if they made a move into other areas of Europe at this time but those things might add a few more bucks to their valuation. Glen in (post 1975) using similar results put a Price on X-Stream at about US$18.00/sh.!! Now the question: If FreeServe like China.com jumps up 300% on day #1 on the Nasdaq where does that put the valuation of X-Stream also 3 times more???(3 X US$18.00/sh.??? I see China.com is still holding at US$60.00/sh up from this week's US$20.00/sh. IPO NASDAQ listing.!!!
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