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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock?
XNET 7.260+2.4%Jan 2 9:30 AM EST

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To: Andrew G. who wrote (210)3/14/1999 11:30:00 AM
From: Kimberly Lee  Read Replies (2) of 1593
 
XNET at this juncture does not need any forthcoming news to rise further. Many of us who play IMOT are sitting very comfortably with 300%+ profit, and it's only common sense that we deploy at least a portion of that profit in XNET, a similar company with much higher revenues but trading at less that 1/10 of IMOT's multiples, a natural, serendipitous bonus derived from our earlier research and success in IMOT.

That said, good news announcements from XNET in the near future certainly would not hurt, but XNET has sufficient intrinsic merit to support a higher stock price even without such catalyst.
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