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


To: VBroady who wrote (2390)7/27/1999 3:30:00 PM
From: Dale Baker  Read Replies (1) | Respond to of 3519
 
Yo, kids, read through my more than 8000 posts on SI and note the fact that my only account is at E*Trade, which doesn't allow shorting of BB stocks.

Or stick to your rah-rah and fantasies if that makes you feel better. The market is going through the roof and XSNI is down, now that the Freeserve "hook" is out.

I have nothing positive to say about XSNI because they haven't proved they can generate any sort of credible revenue stream - just lots of press releases. And don't throw out all the exclamation points and 400,000 users and first in the UK and yada, yada, yada. The company won't release any revenue figures.

So everything you are doing is guessing and wishful thinking.

If XSNI does get a NASDAQ listing I will seriously think about shorting it. But I will also know the actual float by then - not just what has been tossed around Internet chat threads.

And if you don't believe me about not being short - I really couldn't care less.



To: VBroady who wrote (2390)7/28/1999 8:25:00 AM
From: donkeyman  Respond to of 3519
 
VBroady: We can't say X-stream is into a market that's not booming. In the UK revenue from the trading of goods and services on the Internet. Forrester Research Inc., expects this segment will grow from US$260 million in 1998 to US$13 billion in the UK by 2001. This free Internet business in the UK proved with FreeServe's IPO that the market gave gave this "FREE INTERNET" a high rating. But I think they ended up with an IPO of 150 pence but on opening it looks like 222 pence. That has a value of 2.24 billion British pounds (2.24 billion pounds x 1.6 = US$3.58 billion Cdn$5.38 billion). That's heavy stuff.!!! Now if you divide Freeserve's 1.3 million users into that figure it's pretty impressive for the top guns involved in free Internet, including X-stream. Now if X-Stream had 1/3 the Subscribers and 1/3 the shares issued based on Freeserve figures would they be grossly undervalued????--LOOKS THAT WAY--I don't think Freeserve is gone Global like X-stream nor do they own a winner like G.O.D.!!! That should add a few more shackles to the value of X-Stream's shares.!!