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

To: LT who wrote (518)	3/18/1999 11:12:00 PM
From: Matt Brown	Read Replies (2) \| Respond to of 1593

Wow, I am glad you picked up on that... I saw it, but had to read it a few times..I picked up on it the 5th time but I figured everyone else would too... The sentence is very poorly written. I hope that some of the sellers today didn't misread that statement, because it is very easy to do. XNET is profitable..Re read the statement for those that misread it! Good night :) FM

To: LT who wrote (518)	3/19/1999 8:12:00 AM
From: Dorine Essey	Respond to of 1593

LT, Don't know if this has been posted! Dorine Gates kicks off project in Shenzhen 03/12/1999 SHENZHEN _ Microsoft billionaire Bill Gates completed a six-hour visit to this fast-developing special economic zone on Wednesday, wrapping up four major agreements with Chinese partners while kicking off a computing project aimed at expanding the use of computers and the Internet among average Chinese people. The project, called "Venus," is believed to have significant impact on the future cyber lives of Chinese consumers. Based on a fully localized version of Windows CE, the "Venus" project makes available a new platform for educational software, plus a combination of other capabilities such as Internet browsing, e-mail, document creation, games, multimedia, TV and VCD (video compact disc) capabilities specifically designed for Chinese people. Microsoft is responsible for delivering the operating platform, while licensing hardware manufacturers to make new device, with the code name "Venus Box." All devices will connect to a standard TV as a monitor and will use PC-like input devices such as a keyboard, joystick and mouse. China sells around 4.5 million PCs every year, but the figure is still quite low compared with the huge population base. Moreover, China's Internet business retains great untapped potentials as Internet users stand at only 2.1 million. Microsoft, along with many Chinese hardware and software companies, hopes the project willcreate a new business here in China with regard to the combination of computer and web functions brought out by "Venus," China's huge number of TVs and VCD players, and Chinese people's desire to use computers and Internet. Microsoft also clinched a milestone agreement with the People's Bank of China (PBOC) to sell a large number of Microsoft's software which will be used in 10,000 desktops among all the bank's departments, branch offices and subsidiary institutions. The actual value of the contract was not revealed but PBOC officials said it will be over 10 million yuan (US$1.2 million). By entering a strategic partnership with China Telecom and the Information Centre of the State Economics and Trade Commission, Microsoft got involved in the government Online Project by donating a variety of software. The software company also inked a deal yesterday with the State Economic and Trade Commission to promote Microsoft solutions among Chinese enterprises. Copyright (C) 1998 MOFTEC P.R.C CIECC all rights reserved. Contact: news@moftec.gov.cn Tel : 67081526 67081527 Supported by CIECC