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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock? -- Ignore unavailable to you. Want to Upgrade?

To: Dorine Essey who wrote (189)	3/10/1999 2:47:00 PM
From: Robert Andrew	Read Replies (1) \| Respond to of 1593

Dorine, I bought 10,000 shares last week and will hold for long term. I'm always looking for a company that plans to grow. I've been listening to CNBC today to see if they repeat the news about Microsoft investing in 9 Chinese internet companies, but haven't hears it again. Did anyone else hear the report which was around 8 am this morning? (3/10) We are all betting that the Chinese will become the next large internet users, and there is very good reason that this will happen. Regards Robert A

To: Dorine Essey who wrote (189)	3/10/1999 3:10:00 PM
From: Robert Andrew	Read Replies (1) \| Respond to of 1593

Dorine, I went into the Microsoft new to find a great deal of information today on the China Deal. Microsoft wants to put out their own products to gain marketshare in China. This is a small excerpt from one of the news reports. _____ It is unclear how broad Microsoft's reach can be in a huge nation where the Internet has posed touchy policy questions for authorities who are at once encouraging its growth while also trying to keep tight controls on information. Despite various controls and threats to information dissemination in China, Internet use has soared. Users topped 2.1 million in 1998, a fourfold growth in a year, and another 1.5 million accounts are expected to be opened this year. High-tech analysts believe the growth is unstoppable. ''Sooner or later, technology will find a way to circumvent restrictions,'' said Charle Peza, a telecommunications analyst at the Hong Kong office of investment bank Salomon Smith Barney. ''The policy direction in China seems to be one of opening up.'' A public relations adviser for Microsoft, Jenny Liu, would not say how many customers Microsoft is hoping to get in China. Nor would Microsoft discuss how much money it is investing in deals it was signing today with seven companies on the mainland. ___ Notice that it stated they invested in seven companies in China. I seems to be the start of internet mania in China. Let's hope XNET benefits from this. Regards Robert A