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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock?
XNET 7.1700.0%Dec 30 3:59 PM EST

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To: FFNEODOC who wrote (692)4/1/1999 10:44:00 PM
From: Babar  Read Replies (2) of 1593
 
I have been a big shareholder of XNET for over three months and have talked to Ernest Cheung a couple of times.

The broker that gave me the tip told me that Ernest is president of another BB company (CBET-BB) that is about to be involved in a reverse takeover of NetNation Communications Inc. (www.netnation.com) which is apparently Canada's biggest web site hosting company. CBET announced the deal today.

Seems to me Mr.Cheung is a no BS person that associates himself with REAL companies. So I tend to believe that XNET will be reporting in no time. Until then ( and probably later) I will not sell.

If you can confirm my info or have any comments ....

Thanks.

PS. I do own some CBET also. (as if you couldn't guess!)
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