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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT -- Ignore unavailable to you. Want to Upgrade?

To: __HD who wrote (291)	2/19/1999 5:18:00 PM
From: Michael Graham	Read Replies (2) \| Respond to of 1125

MXNT is not doing anything to increase the current stock price. They feel that if they work on increasing the companies value, revenues, exposure etc., then the stock price will follow. I don't know if any one press release will make the price jump up and stay up. I bought this as a long term hold (a year or more). I bought Yahoo almost 2 years ago and sold after 1 year because I thought the price was stagnant. If I had held all my shares, I'd be $XX,XXX richer right now (2 splits later). MXNT is probably not going to be the next Yahoo, but I do think they know what they are doing. If they can catch a few breaks and become reporting, IMO a year from now, the stock price could be 10 times what it is now. That would be a great return whether you bought in at $1.00 or $4.00. BTW, I thing 40,000 hits a day is great! Mike