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Technology Stocks : INTERNET ASIA + Indexes

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To: Francois Goelo who wrote (300)	4/12/1999 9:59:00 PM
From: Sprintcar	Read Replies (2) of 1567

Francois care to comment.. To: Nathan Hansen (951 ) From: MR_KASH Monday, Apr 12 1999 9:35PM ET Reply # of 1011 Xnet coverage has ended as of last Friday, company is shorting 5 million shares to take down a private placement at $1, I strongly suggest retail investors should approach with caution as there is a large fund manager who is aggresively selling to take down the shares at a buck which will take the stock price down with it. Monday, April 12, the company originally responsible for the rise in price on the XNET started coverage on their new project, a company called PowerTech Technologies (PWTC: OTC BB) +.22 today on just under a half a million shares. This new company doesn't intend to dilute their stock further with a PP and with the recent success of the XNET the promotion company should have no trouble taking the stock where XNET only wishes it could go! Regards all, KASH

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