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


To: Suntrader who wrote (2392)7/27/1999 4:33:00 PM
From: early player  Read Replies (1) | Respond to of 3519
 
This is what I have been told, and from what they are doing it looks that way to me..
I guess I'll have to wait and see.



To: Suntrader who wrote (2392)7/27/1999 5:00:00 PM
From: donkeyman  Respond to of 3519
 
Suntrader-- This thing about XSNI, I've never worried about that symbol. When I purchased a few of those x-stream shares, it showed up on my live web broker system (whereby you can buy shares live over the Internet) as XSNI - X-stream Network Inc. BB. Even on this the Silicon Investor system that we talk on all the time has the title XSNI-X-stream Network. When I talked to the London Office I referred to the company as XSNI half the time through the conversation. Nobody corrected me so what's the trouble? I used to own shares in a few companies connected with mining. Most of them had from 30-50 million shares issued but practically all of them had 100-200 million shares outstanding. That means nothing. If some company with 30 million shares issued tried to increase the share numbers, all hell would break loose among shareholders. Increasing a companies shares has to be voted on or in the case of eBay, they wanted to release a few more shares to the market and it took them about a year to get that by the Nasdaq officials plus agreement from the shareholders. I doubt very much if x-stream has 1/3 the number of FreeServe shares issued and we know they have 1/3 the number of Freeserve subscribers. FreeServe today is worth a fortune - US$31.00/share x 1.3 million shareholders. The value per subscriber for this U.K. free Internet company is extremely high and thus making x-stream look better and more value all the time.