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Technology Stocks : Xinex Networks

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To: gypsy who wrote (602)	5/29/1998 9:53:00 AM
From: StockPro	Read Replies (1) of 693

Financial position Xinex Networks Inc XNX Shares issued 30461357 1998-05-28 close $0.21 Friday May 29 1998 Mr. Roy Leahy reports The company is currently running low on cash reserves and cash on hand will be insufficient to adequately fund operations as of sometime next week. Xinex is currently in discussions with potential investors and will be pursuing such discussions throughout the weekend. While every attempt will be made to secure financing, the company cannot assure that its discussions will be concluded successfully.

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