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 7.660

0.0%

Jan 16 9:30 AM EST

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To: pat pasquale who wrote (976)	4/9/1999 4:41:00 PM
From: FFNEODOC	Read Replies (1) of 1593

Pat, It looks like the support level is getting to be ~ 1/2 the peak of the previous run. That's also what it was on the first run in March to 1 31/32, then a pull back to a little under $1, with steady increase from there. Let's hope that's the case. There certainly is no negative news on the horizon, (outside of maybe WWIII) so we'll see what happens. These stocks often follow these patterns, though I'm not sure why that's the case. Maybe a TA trader could comment? Frank

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