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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock?
XNET 7.335-2.1%10:30 AM EST

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To: praguepivo who wrote (1126)4/15/1999 7:39:00 PM
From: Matt Brown  Read Replies (1) of 1593
 
Great day on XNET! IMO

I think we saw nothing but a crappy overall market in the Techs as a whole.

If this whole deal with the WTO goes through, I see XNET approaching very high multiples.

Also, I noticed something. XNET reported revenues for Sept 98. Since then, hasn't the subscriber based more than doubled?
If so, this would indicate some seriously good looking financials on the next report.

Keep in mind. This company is no hype, no crap company. They don't spit out PR to have fun. They are the real deal and "hold out" for worth cause.

I think that this will work out short-term players and keep the long-term investors. I can finally add this to my long-term stocks now that it won't pop so fast!

I am looking for another update within 2 weeks regarding new developments. Don't forget that there is something like a portal site coming soon.....And possible NASDAQ listing. We have most/all the qualifications. The main issue will be staying above $4 for a little while. If we do this, which it probably will, we could see a filing.

Stay away from the hype and we will all do well!

FM

I retook a postion back into this stock today. Very happy to be an XNET investor again! Oh yes, XNET won the most favored current internet stock on the recent poll we took!! Club Fatt! likes it :)
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