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


To: VBroady who wrote (2439)8/1/1999 8:58:00 AM
From: donkeyman  Read Replies (1) | Respond to of 3519
 
VBroady: According to London Sunday Times today, UK ISP's is where the Internet action is today. Those Net Service Providers are being compared to the land speculation of the WILD WEST.!!!quotes- "FreeServe's success will unlock a rush as other free internet service providers in Europe stake their claims". "Dozens of similar ventures to FreeServe are eyeing floatations and bankers say Internet related deals will dominate European corporate activity over the next 12 months." In terms of the London listings, there are going to be a lot more players wanting to go public and FreeServe has now opened the way." (LOOKS LIKE TO ME X-STREAM HAS A BIG JUMP ON MOST OF THOSE ISP's) "Institution demand for FreeServe, which was 30 times oversubscribed, was huge. 1000 international fund managers registered their interest for shares." 100 million shares changed hands in the first 2 hours before the market closed on FreeServe. What I like in the report is it looks like Britain stands a good chance in taking the leading role in the development of Internet throughout Europe. Another quote said the Internet is global. "THE BEST OF THE BREED WILL BE GLOBAL TOO". Keep in mind x-stream has moved to countries in Europe and South Africa and has a head start on all this global action being the first to offer the world FREE internet and now recognized as being in 3rd place in the UK free internet. The article also mentioned the tremendous opportunity for free internet ISP's to allow Broadband because of British Telecom's decision to upgrade its system. "Surfers will be able to use the net for 24 hours a day for the same price as 10 minutes and will be able to access video and live music". We could be in on some hot action here in the U.K-ISP's. See London Times under Business and title "NET LAND RUSH". sunday-times.co.uk



To: VBroady who wrote (2439)8/1/1999 9:21:00 AM
From: donkeyman  Read Replies (2) | Respond to of 3519
 
VBroady: Regardless of the tremendous success FreeServe has or X-Stream Network (XSNI-Nasdaq) might have, it still looks like the UK ISP's operate very differently than what we're used to in Canada and the United States. Looks like they are all tarred with the one brush when it comes to getting information. FreeServe with an IPO and a market cap of about US$3.5 billion from last week, I still see no evidence of a company news release.??? Where does it state clearly how many shares are in the Freeserve float or shares issued? X-stream is along the same lines. Their last report on the company was 5 or 6 months ago and from the chat lines we see reports from 4 million or less in the float and about 34 million issued. But where is the company report on the number of shares? "The future looks so good for x-stream and other top U.K-ISP's after reading today's London Sunday Times one would think, especially if X-Stream is valued indirectly at 1/3 or more of FreeServe's market cap ????, that they can't afford to turn off their XSNI shareholders or to get bad press of that type. IMHO they can't be anything but on the "straight and narrow" in their new internet venture, when your talking those types of Big Bucks in their future.??? LOOKS BETTER EVERY DAY.!!