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Technology Stocks : Technovision TVS - Undervalued Internet Service Provider
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To: early player who wrote (92)10/6/1999 7:19:00 AM
From: Glenn Petersen  Read Replies (2) of 108
 
As you know, I do own XSNI but I have not added it to the list because the company refuses to clarify the capitalization, or anything else for that matter. Assuming that there are actually 34.0 MM shares outstanding, each of XSNI's 450,000 subscribers are being valued at approximately $128. That does not make sense. The markets are often inefficient, but the apparent disparity between XNSI's valuation and FREE's valuation tells me that we are missing some significant information related to XSNI. Very frustrating.
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