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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (70)	3/17/1999 10:49:00 PM
From: Matt Brown	Read Replies (4) \| Respond to of 5041

Francois...RE XNET Mediator-- Since you seem to be "in the know" on XNET, I will prepare a list of questions I would like addressed in the "interview." Club Fatt Folks and XNET holders: Have any questions you want asked? That is good to see that you can stay in good contact with Mr. Cheung. That is very important. My main question is what are the latest UPDATES? I notice that the website appears to be in English. Are they expanding to the US, through PUNK (the mysterious Alliance) or are they still expanding throughout China? I know they are in 2 cities now with great revenues, I can imagine what the website will say when they are in 6 major cities of China...Will no longer be considered a "local ISP" but rather a National ISP...ELNK, MindSpring, AOL come to mind as a copmarison. My favorite part of the whole deal is that they are making money. This still ceases to amaze me. That is why PCNTF recently ran so much. They are making money and analysts are picking up on that and upgrading PROFITABLE internet companies. XNET used to be followed by and analyst when it was XCELLENET..Had a strong buy rating...Look for something like that after the website is up and we all know the detailed fundamentals of the company and the figures on profitablity and revenues. I consider the price swings to be "load up" times. The volume was slow today, indicating to me that most of the daytraders were done and the weak hands had been shaken. Maybe now we have Investors in this company instead of players. That is the way I like my picks...Explosive long term, but not so fast that it has huge upswings....Little crazy in XNET now, but it will calm down...EGAM finally got a does of that...Was up nicely today. Just want to let all know that I am a long-term person. Sometimes stocks that I pick or are interested in go up really really fast...Some fall fast...then go back to a steady rise...Know when to hold em, know when to fold em. I prefer to HOLD companies for at least a month. XNET will be worth a few $$$ when the website is up..People will have a firm basis on which to value their buying. So I figure even if I do buy in the $1 range, and it swings down for a day or so, big DEAL! What is the downside to buying at $1 on a profitable Internet company? I don't see much..except dumping by daytraders..not based on value would be the only fall in share price...This is how Warren Buffett made it. Bought stocks when nobody wanted them, then sold when they were loved and known by all. That is the path I am trying to take.. I am not a trader, but an investor. FM P.S. I will always post when I BUY into a stock.. I will always post first, then buy, to keep and even playing field. I like to discuss my possible picks with all, then invest, when I feel that the stock will be liked by other people than just me..I like others views. That is why I post "Give me your opinion." I always wait for the opinions, then base my decisons on that and the fundamentals. I do not recommend anybody buy into my picks. I will be buying if I officially Pick it, but your decisions are your decisions. I can't recommend buying unless I am a liscened professional, which I am not. So always do your own research and DD to check me and make sure I am not missing anything!