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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: VBroady who wrote (2439)8/1/1999 9:21:00 AM
From: donkeyman  Read Replies (2) of 3519
 
VBroady: Regardless of the tremendous success FreeServe has or X-Stream Network (XSNI-Nasdaq) might have, it still looks like the UK ISP's operate very differently than what we're used to in Canada and the United States. Looks like they are all tarred with the one brush when it comes to getting information. FreeServe with an IPO and a market cap of about US$3.5 billion from last week, I still see no evidence of a company news release.??? Where does it state clearly how many shares are in the Freeserve float or shares issued? X-stream is along the same lines. Their last report on the company was 5 or 6 months ago and from the chat lines we see reports from 4 million or less in the float and about 34 million issued. But where is the company report on the number of shares? "The future looks so good for x-stream and other top U.K-ISP's after reading today's London Sunday Times one would think, especially if X-Stream is valued indirectly at 1/3 or more of FreeServe's market cap ????, that they can't afford to turn off their XSNI shareholders or to get bad press of that type. IMHO they can't be anything but on the "straight and narrow" in their new internet venture, when your talking those types of Big Bucks in their future.??? LOOKS BETTER EVERY DAY.!!
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