XSNI - X-Stream Network Message Board

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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: donkeyman who wrote (2172)	7/19/1999 9:31:00 PM
From: donkeyman	of 3519

X-STREAM QUESTION?? Last week we saw China.com with 400,000 subscribers jump from US$20.00/share to a high of US$67.00/share on their IPO introduction. In China they are #39 out of 100 ISP's. From what I can gather China.Com has about 4 million shares in the float and 30 million issued. If FreeServe with 1.3 million shares issued and holding down 1st place in the U.k reports for example about the same number of shares in their float and the same number of shares issued, I predict they will hit US$70.00- To US$80.00 /share on day #1 of the Nasdaq. Let's say for example X-stream makes an announcement that they also have about 4 million shares in their float and about 30 million shares issued--we know now that they have over 400,000 subscribers and possibly in 3rd place in the UK Internet portals. Would that information be sufficient to put a rough price tag on x-stream? If so, what price would you put on it if we use the above information? The price I put on China.com a few days prior to their IPO introduction (day #1) turned out to be pretty well dead on, $20.00 to $60.00/sh.. Just a fluke of course.

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