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


To: Jacalyn Deaner who wrote (1361)6/20/1999 9:15:00 PM
From: Jacalyn Deaner  Read Replies (1) | Respond to of 3519
 
excerpt from article:
AN INVESTMENT COMMUNITY IS DEVELOPING IN THE U.K.

The most successful U.S. internet companies were funded by venture capital, in a world-renowned friendly
investment environment in California. The U.K. is now getting in on the act. Fletcher applauds initiatives
such as First Tuesday, a regular social gathering of investors and entrepreneurs, which brings the right
people together. Attending the events is also uplifting, as it is clear that the UK is developing a set of
people ripe to take forward a home-grown internet industry. The fact that the Financial Times saw fit to
feature the event, and McKinsey (the consulting firm) has chosen to sponsor it, shows that these things
are moving in the right direction.

Here is Fortunecity:

UK STRUCTURES DO NOT ENCOURAGE VENTURE CAPITALISTS AND OTHER INVESTORS TO
INVEST IN SEED AND START-UP HI-TECH COMPANIES

***** But there are still obstacles in the way of investment take-off. Nicholas Lovell, the Deutsche Bank
investment banker who recently floated FortuneCity (an internet community site), on the German Neuer
Markt, says that UK venture capitalists are avoiding seed and small companies as investment
opportunities. This is because they are denied what they crave the most -- a straightforward exit option to
market when their stakes have acquired value.*****

One reason is that the UK's weak AIM smaller companies index, unlike the US Nasdaq or German Neuer
Markt, is not aimed at high-tech, high-growth or even new companies but merely small ones. Companies
aspire to grow out of AIM, and so many companies are only taken seriously by analysts when they are big
en



To: Jacalyn Deaner who wrote (1361)6/20/1999 9:46:00 PM
From: Jeffrey D  Read Replies (3) | Respond to of 3519
 
Jacalyn:<<Bill check out this link, fortunecity is part of xstream in UK - in April it was placed on the German exchange>>

Ah yes, The Deaner/UPTICK show is on again. First they've added Profitpicks.com to the "conspiracy." Second we have the claim Fortunecity is a part of X-Stream and it is being listed separately on the German exchange. That must mean these conspirators are trading different parts of X-Stream on different exchanges and XSNI is some other "part" of X-stream that we don't know about.
Problem is Fortunecity is NOT a subsidiary of X-Stream. I wish it was as it looks like it is quite valuable. So, please J & U {Jacalyn & UPTICK} prove me wrong. Prove to me Fortunecity is a subsidiary of X-Stream because if you can you have just INCREASED the value of X-Stream many times over. While you're at it prove to me Profitpicks has any association with XSNI in any manner. Jeff

About FortuneCity.com:

FortuneCity.com, Inc., is one of the largest as well as the fastest growing global online community network on the Internet. The FortuneCity sites in the USA (FortuneCity.com) and Germany (.DE) are democratically run, virtual-city communities, places where people come for fun, interaction, to build their own free homepages, access free e-mail, and to purchase goods on-line. FortuneCity.com's sites world-wide have over 750,000 citizens, receive approximately 612 million total hits per month, attract over 674,000 visits a day, and generate over 80 million page impressions per month. FortuneCity.com was ranked the 13th fastest growing Web site in the United States as of August 1998 by Media Metrix. As of September 1998, Media Metrix ranked FortuneCity.com as the 31st most trafficked Web site, reaching 5.7% of U.S. based Internet users.

FortuneCity.com was founded by Dan Metcalfe and Richard Jones in March 1997. It has its global headquarters in New York City, overseeing operations in London, San Francisco, Sweden, and Germany.

fortunecity.com
fortunecity.de



To: Jacalyn Deaner who wrote (1361)6/20/1999 10:03:00 PM
From: donkeyman  Respond to of 3519
 
Jacalyn, Earlier last week when X-Stream was around US$2.00/sh. you said you were going to sell out most of you shares and keep only 10 shares I think, I was wondering did you.??-I hope not, because as you know they jumped up around 100% in a few day's there, from Monday to Friday.!!