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To: jmhollen who wrote (2177)11/4/1998 12:16:00 AM
From: jmhollen  Respond to of 7209
 
Here's an interesting blurb from a friend of mine with a new stock advisory service; he's a pretty straight shooter - and it kind of relates to the talents of our new CEO......

Enjoy:

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My job is to make folks aware of the FACTS about our selected companies. I encourage you to forward all company news releases to your investment broker.

Thank you for your time, and I welcome your return e-mail.

Now…for my first stock pick (gulp!)

XIN NET TECHNOLOGIES INC. (XNET-OTC:BB)

"Capitalizing on China's Emerging Internet Marketplace"

52 Week high:$1.03 52 Week low:$0.15 Current Price:$0.50
Market Capitalization: $3.52 million
Estimated Public Float: 1.8 million

October 27th, 1998

Xin Net Technologies, Inc. through its wholly owned subsidieary Xin Hai Technologies Development Ltd. Is the fastest growing and most experienced Internet provider to mainland China. Based in Beijing, China, the Company's objective is to capitalize on the booming Chinese Internet market, which so far has been restricted to a small number of Chinese companies only.

China's Barrier to Entry for Foreign Internet Company's

Currently in China, the Governments ministry of Posts & Telecommunications controls all licensing and pricing of Internet providers in China. There is no indication of any changes to the stringent rules that make obtaining new Internet licenses for potential Chinese competitors nearly impossible and thus a barrier exists for the large North American Internet providers (AOL, Yahoo, Net Crawler, etc…) to break into what could very well be one of the worlds largest Internet markets without having to first form an alliance with one of the few existing Chinese Internet companies.
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(wouldn't that be easy for someone already there,...hmmmmmmmmm!?!)

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XNET now stands poised for rapid growth into new markets such as North America over coming months. I have started coverage of this firm due to the tremendous potential of the Company's ever growing subscriber base in China and the further expansion into new markets.

Growth Strategy - Xin Hai Development Ltd.

Management appears committed to Xin Hai continuing as a significant Internet player in the China market place. It is essential to establish a critical subscriber base with country wide coverage. Xin Hai has a long and successful relationship with the MPT (Ministry of Posts & Telecommunications) and the Beijing Telecommunications Administration Bureau. Through their working relationships, Xin Hai plans to work with other Provincial Telecommunications Bureaus and open more sales offices in Shanghai, Guangzhou, Wuhan and Chengdu. Together with headquarters in Beijing, Xin Hai will provide Internet service coverage for the whole of the country.

Xin Hai has recently signed a joint venture agreement with Unicom China to offer their e-mail to pager service to Unicom's customers. Unicorn is the only authorized telecommunications service company in China besides the MPT. By the year 2000, Unicom is projected to have 10% of China's long distance market and 30% of the cellular market. They currently have a total of 400,000 pager users throughout China. Xin Hai's e-mail to pager and other Internet related products and service will be offered to all new Unicom subscribers as well as their large existing subscriber base. Together with a dedicated marketing and advertising effort, management expects to control a large market share within the above areas.

This has been just a brief introduction to what I believe will become a very successful firm. For a complete due diligence package please contact:

Mr. Ernest Cheung, Director
Xin Net Technologies
604-689-4407 (tel)
604-689-7654 (fax)

The information contained in this news letter is drawn from sources believed to be reliable, but the accuracy or completeness of this information is not guaranteed, nor providing it do I assume any responsibility or liability. This news letter is not to be construed as an offer to sell or the solicitation to buy said securities. At the time of this report I guarantee that I am NOT a shareholder of its recommendations, nor have I been paid in any way to initiate coverage.
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Wouldn't it be interesting if Deng cut a check and bought that outfit!

:-)