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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock?

XNET 7.230

+0.8%

2:55 PM EST

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To: Frank A. Coluccio who wrote (105)	2/7/1999 4:23:00 PM
From: JP390	Read Replies (1) of 1593

Just for fun let's assume $25 USD per month. In December there were about 16,000 users, so by now there would be about 18,000+/- . Then that would give you $450,000 per month for subscriber revenues. Now add in advertising revenues (to be safe let's say $50,000) Then they are adding about 1,000 new subscribers per month. Roughly about 28,000 users by the end of 1999 (being conservative here)By the end of 1999 you would be looking at $750,000+/- per month equal to around $9,000,000 in revenues per year which would change monthly due to the fact that you are adding members monthly and adding advertising.Let me know what you think. I will use RMII (Rocky Mountain Internet) as an example) for the 9 monthes ending Sept. 98 they had $6,240,786 in user revenues. Almost exactly what we would be looking at if the $25 per month is an accurate number. For that period there was a net loss of around 90 cents per share. They trade around the $13 to $14 range. Give me your thoughts, it seems compelling to me.

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