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

To: Jeffrey D who wrote (2682)	8/24/1999 8:53:00 AM
From: donkeyman	Read Replies (1) \| Respond to of 3519

Jeff: Two great reports on X-stream's move into Europe! Looks like in the world of Internet Europe is the top spot today. There are many companies with cheap shares that have a tremendous potential to rise in a market with a population of 370 million - 70 million more than the USA. Yes there are some great Internet companies in the United States, but who wants to pay for a company 20 times earnings. A report in Canada this morning mentioned RIM currently is at 20 times next years' earnings. I assume FreeServe at US$33.00/share is based solely on its' merits in the UK Internet business. 1.3 million subscribers and 150 million shares issued. Let's say X-stream had the same number of subscribers and the same number of shares issued as FreeServe. Do you think they would also have a value of US$33.00/share? If not, what would be the big difference? Would the difference be FreeServe has the big backers standing behind it and X-stream doesn't? The truth is x-stream is making a big move into Europe. Who knows, they may be sitting with 1.3 million shares before this year is out. If that's the case, one big major advantage over FreeServe is they only have 29% of the number of shares issued at 34 million. Lucent Technology knows the company well and Lehman Brothers is trying to put something together for them, the Internet is booming in Europe and X-stream is in the thick of things. It's all a big gamble but you never know. Keep in mind X-stream traded 2 million shares in 2 days and jumped about US$3.50/share on absolutely no news back a few months ago. The company has more than doubled it's subscriber numbers and 10 times it's partnerships since then. So X-stream has shown it can be quite explosive. Keep your fingers crossed.