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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: early player who wrote (2565)8/11/1999 8:10:00 PM
From: donkeyman  Read Replies (1) of 3519
 
Early: I read this title from July 21, 1999 "Call Net announced it was moving into the fast growing free Internet access market by buying 10% of cybersurf Corp for $12 million". Call Net is a huge company. If 10% of Canada's little Free Internet company Cybersurf is worth $12 million, 100% of the Cybersurf is worth about $120 million. Hopefully, a company like X-stream is worth a lot more holding over 400% more subscribers than Cybersurf. X-stream has 1/3 the subscribers and 1/3 the shares issued of FreeServe but FreeServe has more than 3 times the share value of X-Stream it's about 13 times the share value of X-stream (US$2.25/sh versus US$29.15/sh.)
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