SI
SI
discoversearch

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: Dale Baker who wrote (1991)7/12/1999 3:45:00 PM
From: donkeyman  Read Replies (1) | Respond to of 3519
 
Dale: No doubt AOL has tons of cash at US$2.77 billion but on the other hand, isn't it amazing how a little hometown grown UK Internet company called x-stream the 1st. to offer the world Free Internet, brought the mighty giant AOL to their knees by forcing them to drop their Internet fees by 40% in the UK.!!! If that isn't bad enough, looking at those figures out of the UK a week or two ago, it's quite possible x-stream may have edged AOL out of 3rd place.???? Now if the giant AOL bought x-stream out, that could backfire big time - an American company, Goliath the Giant buying up little David at only $10.00/sh. so you suggest.!! I'm hoping the Brits will patronize the hometown boys like FreeServe and x-stream etc but more x-stream. When you mentioned AOL could buy out x-stream at US$10.00/share, how could that be possible? I could see that happening in a company like Bid.com with 90% of their shares on the open market, but what percentage of x-Stream shares be on the open market? If it's not the majority of shares, I don't think X-Stream would give up this European Internet fight for just US$10.00/share. US$30.00/share might be a different story.



To: Dale Baker who wrote (1991)7/13/1999 1:18:00 PM
From: Bob B.  Read Replies (2) | Respond to of 3519
 
As for why AOL doesn't buy out a company like x-stream, here are some thoughts. I worked at an ISP for a long time, often it is easier to build a network from the ground up, then to try to migrate it along with its users over to your network. AOL may believe it is easier to start fresh and attract users away from the other ISPs, well just my thoughts.

Thanks.