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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock?
XNET 8.270+8.8%Jan 12 3:59 PM EST

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To: FFNEODOC who wrote (1337)5/19/1999 5:18:00 PM
From: Gene Reardon  Read Replies (1) of 1593
 
The following was reported yesterday on Bloomberg:

Shanghai -- China gave state-owned China Unicom, its second-largest telecommunications carrier, permission to become the country's fifth Internet service provider, the China Securities newspaper reported, citing the State Council, China's cabinet.

I thought there were about 30 ISP's in China with XNET being one of them; so, this article is confusing.

Frank, can you shed any light?
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