Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : XSNI - X-Stream Network -- Ignore unavailable to you. Want to Upgrade?

To: CBurnett who wrote (1306)	6/16/1999 9:33:00 AM
From: Jeffrey D	Read Replies (2) \| Respond to of 3519

CB, great news. That is good enough for me. Now, how about some more Freeserve news to make it more interesting. I trust X-Stream will give us XSNI shareholders priority rights in their IPO, Too!! Thanks again, Jeff Dixons Plans to Give Priority Rights for Shares to Freeserve Users in IPO By Bundeep S. Rangar Dixons Plans to Give Priority Rights to Freeserve Users in IPO London, June 16 (Bloomberg) -- Dixons Group Plc, the U.K.'s largest electronics and appliances retailer, is considering giving priority rights to existing users of its free Internet service, Freeserve, to buy shares in its initial sale next month, people familiar with its plans said. Freeserve, the U.K.'s largest Internet provider, will probably list on the London Stock Exchange and Nasdaq, selling a minority stake of about 25 percent, the people said. The company is valued by analysts at $1.6 billion, or $1,230 for each of its 1.3 million users. Selling priority shares would let Freeserve identify its users, gather information about them and potentially bill them for transactions. This would help it generate revenue from the trading of goods and services on the Internet, a market that Forrester Research Inc. expects will grow to $13 billion in the U.K. by 2001 from $260 million last year. ''They want to preserve their lead on the market and maintain user loyalty,'' said Stephen Ford, an analyst at Collins Stewart Ltd. ''What better way to do that than making them shareholders and giving them a vested interest?'' It took only three months last year for Freeserve to become the top Internet access provider in the U.K., stealing the lead from America Online Inc. Its runaway success has made it the U.K.'s third-most visited portal site. Such sites typically provide Internet searches, free electronic mail, news, entertainment, weather and other information popular with Web users. Yahoo Inc. leads as the U.K.'s most popular portal site. Users spend an average of 16 minutes per day using Freeserve service. That does not imply, however, that they spent that time on the Freeserve Web site. They could easily have moved on to another site after logging on to the Internet. More Advertising Information about users, such as background and time spent online, is also important for Freeserve to market its Web site to Internet advertisers. U.K. Internet advertising spending will grow to $440 million in 2002 from around $42 million last year, according to London-based market researcher Datamonitor Plc. Since Freeserve's debut, dozens of businesses ranging from phone companies to retailers and sporting clubs have rushed to offer free Internet access and muster enough users to attract advertising money and make sales through their sites. It now faces competition from companies such as British Telecommunications Plc, which is also offering fixed-rate weekend telephone charges, and Tempo, a U.K. retailer offering free evening and weekend phone access to complement its free Internet access offerings. Dixons stock rose 160 percent between last September and April, fueled by investor enthusiasm for Internet shares, but has since slipped back 26 percent from its high as more competitors have offered free access services. It fell 11 pence yesterday to 1,150p, compared with its April 12 high of 1,564p. Dixons uses its Dixons, Currys, PC World and The Link retail chains to distribute its Freeserve sign-up software. Free Access The free Internet access model works in Europe because phone companies share revenue from local phone calls. A local phone company retains between 33 percent and 60 percent of the charge, with the balance going to the network operator, which shares its revenue with the free ISP. Users in the U.K. pay between 1 penny and 4 pence per minute in local phone charges. Credit Suisse First Boston and Cazenove & Co. will be the global coordinators and brokers for the Freeserve sale. Dixons and the banks declined to comment.

To: CBurnett who wrote (1306)	6/16/1999 11:23:00 AM
From: Jacalyn Deaner	Read Replies (2) \| Respond to of 3519

Well then I think it would be appropriate for someone to get the Financial Times a copy of a release or have someone in their investigation department get a public statement from Manning, don't you agree? Dixon's is up front and they would like their competition out in the open? Do you think getting The UK Press involved - would increase the value of XSNI or flatten it to the floor quickly? (and don't you know the dogs at Dixon's would sink their sabre teeth in deeper than some little investor could to get at the "heart of the matter) The ONLY reason I have not contacted the press in the UK and Dixons and Freeserve - loss of the potential of a run up like VBroady indicated may occur so some others can get out on an "up" trend. I'm not making fun of you for having so much faith, but I can't resist: Dman, if he is a true XSNI purchaser, and the other believers, deserve Jelly with their toast and butter. "Could you please pass the Jelly" tee hee Validate that email was from manning and not a "menion" - Wayne showed us what "menions" are capable of.... Jacalyn