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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT

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To: marvin smith who wrote (1000)5/19/1999 4:13:00 PM
From: WallStreetTips  Read Replies (1) of 1125
 
MXNT > CMGI buying MXNT is purely a rumor and I do not see it happen

I fully doubt it id CMGI will knock Maxplanet's doors, yes I can believe MXNT knocking their door to get equity participation.
CMGI is a great company and I had its stocks when it was just $12 and at that time nobody even like the stock. Today we all know.

CMGI may pick up some stake in MXNT but I don't buy the rumor that they will entirely buy MXNT.
Please do not go by rumors. I suggest MXNT management should approach companies like MSFT,CMGI and INTC which always invest in tiny companies with good technology and hot products. MXNT should convince one of these companies to invest in their future.

Just my views.
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