XSNI - X-Stream Network Message Board

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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: Troutbum who wrote (2911)	10/10/1999 3:33:00 AM
From: Dale Baker	Read Replies (2) of 3519

Berwyn, you miss the point of my style of analysis. I don't think it's worth trying to "guess" what a "mystery" stock is going to do when there are thousands of other good stocks that will TELL you clearly what they are up to. Why should I care whether XSNI suddenly emerges from the shadows and joins the "real" world of reporting stocks? The burden of proof is on them as a non-reporting BB stock. Calling them a "mystery" is perfectly plausible to me. I have traded dozens of other stocks since I first wrote about XSNI in May. Only one or two were BB's. Your questions: will XSNI see 1 mm subscribers? First tell me what it costs them to get a subscriber, what it costs to offer service, how many subscribers are still around after 2-3 months and how much revenue XSNI makes off each subscriber they retain. Then you can start to talk about the importance of subscriber numbers instead of tossing them around like a holy mantra dotted with exclamation points (a la Donkeyman). How many other countries will XSNI expand to? IRID went global and still landed in bankruptcy because their business model didn't produce enough paying customers. Again, tell me about subscriber costs and revenue and the question becomes relevant again. Will they be bought out? What exactly is there to buy? Where is the balance sheet? Do XSNI "subscribers" stick around or do they just dial the next free ISP's phone number when they get a busy signal? Does XSNI do anything that can't be easily duplicated? (I don't think so myself). Losses - I suspect the company is running at a loss now, and anyone who bought and held the stock since mid-May is losing money. I won't call XSNI a scam because they are clearly doing business. Just a mysterious business. Future guesses - that's really all the brain time I would be willing to expend on XSNI. I have a long list of other stocks to DD this weekend, all of which have audited financials that I can examine before I decide to buy. Good luck with this one. Let me know if you turn up any real news.

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