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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT

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To: BuckiFan who wrote (222)2/4/1999 9:54:00 PM
From: WallStreetTips  Read Replies (3) of 1125
 
MXNT >>> I am expecting HUGE HUGE MANY MANY News >> MXNT

Today I added more on drops. When the bid-ask was $2-$2 1/16 I placed market orders which got executed at $2 1/4 and $2 5/16. Thereafter later on when ask was $2 7/16, I placed another huge order to buy at $2 7/16 but did not get even 100 shares.
I am strongly accumulating and will continue to do so on every drop.
Today Nasdaq had one of its worst days with a massive drop of 82 points.
I see $2 something a good price to get in an young and emerging internet company. I was reading some past press releases and this is something I found in one of the pr which I cut and am pasting below:

Michael Marsowicz, CTO of MXNT stated, ''Imagine a JAVA Applet that actually is a search tool, a Webphonebook, a
video streaming tool and a personal desktop icon all in one.'' Additionally, MXNT's Webphonebook.Com will offer
businesses an exclusive presence on a featured Internet website service in a selected geographic area of their choice. With
hundreds of industries that could potentially benefit from the Webphonebook service and considering that over $11 billion is
spent annually on Yellow Page advertising alone, the Company's potential is enormous.

For further information on MXNT, visit their websites:
mxnt.com
webphonebook.com
maxplanet.com
1class.com

I am expecting many new announcements in coming days. This is risky investment as it is OTC-BB stock but all internet stocks are a risk nowadays even the ones trading on Nasdaq.

Just my views.
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