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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock? -- Ignore unavailable to you. Want to Upgrade?

To: praguepivo who wrote (1470)	7/22/1999 3:35:00 PM
From: Francois Goelo	Read Replies (1) \| Respond to of 1593

HI XNET LONGS! I am a strong BELIEVER in XNET... and that's why I have invested in its future in the form of a Private Placement, restricted for one year. Since I made the investment, which BTW doesn't make me an insider or a criminal, as suggested, I have hardly posted about XNET. Buying restricted shares in a PP is perfectly legal and those who disagree are already being sued by ZSUN for very good reasons. So, now is an opportunity. I believe XNET being a well managed fast growing ISP and Internet Content Company in China will do quite well. It is in the right sector: Internet and the right location: China. It has forged strong alliances with IBM and Eduverse and is rapidly expanding into 10 cities. I honestly believe that XNET should trade around $10.00 within one year, bearing in mind that I am long and obviously biased... I "discovered" XNET at around 40 cents and felt it was a bargain. It subsequently rose to about $6.50 in the space of some 6 weeks and I hope that most of you made good out of the stock. It folded back in recent times, but is in the process of recovering with the help of the various Chinese IPO's (about 5 or 6, or one a month for the rest of 1999) which should promote and foster interest in Chinese stocks. I am glad to see there is a strong body of longs prepared to support the stock... BTW, it's a bad day for the Short Selling Bashers (SSB's), as ZSUN is up 13% and FWEB down .25. BTW, I don't short stocks, but called FWEB an excellent short at $15.50: it's now at $8.50 and IMO is worth no more than a couple Bucks. That's the reason TruthSkewer is so unhappy today... techstocks.com Regards, F. Goelo + + + PS: take a look at the XNET thread on RB where the SSB's have been sent packing by the longs...