Go Goelo! Go Goelo! You da MAN! XCellent find on XNET!
I should have found that website first, but you beat me to it!!
Good job, bud...
We can all sleep assured that we have a long-term winner...
Glad to see financials are coming to the website and more info on the company!
Also, I have just realized that XNET has not been the XNET very long.
So, obviously, they have not had to opportunity to get things straitend out yet. Looks like they are working in a positive direction and are going to make the long-term investors very very happy!
Re: ISPs in China. In that news article, that was obviously and estimate. Go look at how many people live in China. No wonder they have so many ISPs. ISPs don't just pop up for the heck of it..They have to have a market there and potential customers. XNET will be the dominate one, because it will have a market cap unlike any other ISP over there. Just like Yahoo has the power to swallow other companies, so will XNET. It will be consolidation in China soon. Then the revenues will spike like crazy and so will profits, and so will the price of the stock.
Also, just like Bill Gates has created a huge market in software for MSFT and the other hundred thousand software companies, Bill will do the same thing in China. XNET is well positioned just like my report quoted. MSFT can't take all of China with some WEBTV idea. Billy is our friend.. I don't want him to buy us out. He'd pay $5 now, but in 2 years, this thing could run and split 5x.
Just a reminder. If you participated in the chat that I held the night before this stock ran, you would know that I did not buy this stock to buy one day and sell the next 10 min. I wouldn't have created a detailed Research Report to own a stock for 10 min. I am in this one long term and the price swings do nothing for me, but create another buying opportunity.
I plan to buy much more tommorow if it stays in the $1 range. I think the MM's have really shaken the tree on this one....It could swing majorly up and down for the next few days. Keep and eye out for developing news and Chinese Internet growth....Growing by 262% last figure compared to US 52%...
FM
BTW, I called the company tonight, said she would call me back tommorow, he was very busy with something and would be out of the office for a while.
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