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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: VBroady who wrote (2390)	7/28/1999 8:25:00 AM
From: donkeyman	of 3519

VBroady: We can't say X-stream is into a market that's not booming. In the UK revenue from the trading of goods and services on the Internet. Forrester Research Inc., expects this segment will grow from US$260 million in 1998 to US$13 billion in the UK by 2001. This free Internet business in the UK proved with FreeServe's IPO that the market gave gave this "FREE INTERNET" a high rating. But I think they ended up with an IPO of 150 pence but on opening it looks like 222 pence. That has a value of 2.24 billion British pounds (2.24 billion pounds x 1.6 = US$3.58 billion Cdn$5.38 billion). That's heavy stuff.!!! Now if you divide Freeserve's 1.3 million users into that figure it's pretty impressive for the top guns involved in free Internet, including X-stream. Now if X-Stream had 1/3 the Subscribers and 1/3 the shares issued based on Freeserve figures would they be grossly undervalued????--LOOKS THAT WAY--I don't think Freeserve is gone Global like X-stream nor do they own a winner like G.O.D.!!! That should add a few more shackles to the value of X-Stream's shares.!!

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