Fatty's Donut Shop Message Board

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Strategies & Market Trends : Fatty's Donut Shop

KKD 21.00

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Aug 4 5:00 PM EST

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To: Amy888 who wrote (45)	3/16/1999 8:16:00 PM
From: Matt Brown	Read Replies (1) of 5041

XNET Today was a very volatile day for XNET. The common thought is that it was profit taking from many people who got in real early @ .50 selling out. Which is totally predictable and logical. I plan to call the company tommorow to get and update on the expansion into the other 4 cities. See how things are coming. Remember, they are only in 2 cities now, so XNET is growing by leaps and bounds. Also, they are profitable. Hopefully, the CEO can tell me when they plan to release an earnings announcement. If you tie together several things, with PUNK, they are somehow dealing with Lucent on something. Watch for MSFT dealings in China. Billy likes to swallow companies that have their foot in the door. Billy could swallow all of XNET for around $60 million. XNET is valued today with a market cap of $17.75 million @ 1.25/share. Watch for buyouts on this one...PCNTF is growing fast, and so will XNET. XNET isn't getting the due repect it deserves, because its on the OTC BB. Will let you all know what I find out tommorow. FM

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