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

To: Jeffrey D who wrote (1619)	6/29/1999 3:55:00 PM
From: Dale Baker	Respond to of 3519

I would actually love to see their income statement. We would learn a lot about how free ISP's structure their finances. XSNI has a tremendous hardware buildout to deal with; I don't have much faith that they can show positive cash flow with those sorts of obligations. The amount of cash they have in the bank will make all the difference to whether they survive the next year or two. Maybe one day we will know.

To: Jeffrey D who wrote (1619)	6/30/1999 2:18:00 AM
From: Jon C	Read Replies (1) \| Respond to of 3519

Latest from London. Dixon's Freeserve loses customers to rival with 'free share' offer Date: 30 Jun 1999 07:04:53 Service: AFX LONDON (AFX) - Dixons Group PLC's Freeserve has lost some 10,000 customers to rival internet provider themutual.net, which promises to give away shares in Freeserve for nothing, the Daily Telegraph reported. Freeserve hopes to float on the stock exchange next month at a price which is likely to value the company's 1.2 mln customer base at around 2 bln stg. "Subscribers and content providers are beating a path to our door and we haven't even launched yet," the report cites themutual.net executive chairman Clive Sinclair-Poulton as saying. But a Freeserve spokesman said Freeserve has been overwhelmed with applications from investors interested in its listing. acb/ln/ Regards Jon C