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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: ciVic who wrote (410)5/12/1999 3:31:00 AM
From: Glenn Petersen  Read Replies (1) of 3519
 
"...who knows about this comapny?"

Exactly. It is a BB stock with the normal BB antecedents. I am still scratching my head trying to figure out how you screw up the Nasdaq paper work and end up on the BB. That does not happen in the real world. Maybe there are actually 340.0 MM shares outstanding instead of 34.0 MM. Who knows...sorry, that's your question. I only posted the numbers because they were kind of obvious from the newspaper article. At the very least, the valuation probably needs to be cut in half due to the "irrational exuberance" of the newspaper reporter and probably by half again because of the uncertainty surrounding XSNI's business model. I would really hate to see anyone buy this stock without some verifiable information.
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