Cybersurf (CY.A) - Bridge between 20th & 21st Centuries Message Board

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Gold/Mining/Energy : Cybersurf (CY.A) - Bridge between 20th & 21st Centuries

CY 23.82

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Apr 16 4:00 PM EDT

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To: LABMAN who wrote (2216)	8/27/1999 2:15:00 PM
From: donkeyman	Read Replies (1) of 3243

LABMAN: What I can't figure out about those "Free Internet companies" is the price difference in shares. For example, it's great to see Cybersurf hit a high of Cdn.$3.89/share with about 120,000 subscribers and about 17 million shares issued, I think. That appears to be a fair price because the name of the game is the number of subscribers and the more subscribers the more advertising bucks. Now in the UK, FreeServe runs around 1.3 million subscribers and 115 million shares issued. Their share value is around US$30.00 (Cdn.$45.00). That also appears to be fair. But on the other hand, this little company, X-stream, the first to offer the world free Internet out of the UK and now expanded into Europe, is only around US$2.00/share (Cdn.$3.00/share) They have 430,000 subscribers in the UK and 34 million shares issued. If you compare them to Cybersurf there seems to be an injustice there somewhere. What do you think.???

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