Xin Net Technologies - BB: XNET - The Next Internet Stock? Message Board

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

XNET 7.210

-2.4%

Dec 26 9:30 AM EST

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To: T-Lo Greens who wrote (450)	3/17/1999 12:06:00 AM
From: stockman_scott	Read Replies (1) of 1593

We are all entitled to our own opinions. I will choose to hold ALL of my XNET shares. You said...<<More like nightmares...don't you know that FDI (foreign direct investment) has been dropping dramatically in China for the past 2 years because of the government policies? >> Tony: Firms like DELL, Microsoft, and Nokia are investing in China in a major way. I know that DELL's new Chinese subsidiary already has over 300 employees and they have talked of building a 2nd plant over there. DELL is hiring Chinese professionals to help augment their direct marketing efforts in this marketplace. I agree that China needs to open up more and create a better free market system. Yet, IMHO it may pay off to work within the current system and try and help change it. Many of the most successful global technology firms will not ignore the Chinese market. They cannot afford to. There are tremendous investment opportunities in new Chinese Internet pioneers -- like XNET-- that are well managed and profitable. We can agree to disagree about China. I will choose to stay fully invested in my current holdings that do business over there (eg. DELL, GMAI, and XNET). Best Regards, Scott

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