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


To: interesting man who wrote (531)3/21/1999 12:27:00 PM
From: FFNEODOC  Read Replies (1) | Respond to of 1593
 
Apples to Apples comparison; XNET vs IMOT vs AOL

Since AOL just increased to a market cap of 122 billion! on 3/19, I thought I'd repost the updated key ratios.

REVENUES Estimate; XNET 1.7 mil, IMOT .28 Mil, AOL 4 bil
P/R XNET 6.8, IMOT 143, AOL 30
P/E XNET 27, IMOT 5000, AOL 540
The ratios for the Chinese ISP's might be justified in being larger than for AOL, since in the next 5 years there will be a 16 times increase in Internet users in China, and only a 3 times increase in the US. (See chinavista.com )
At any rate, IMHO, by comparison XNET clearly appears to be undervalued even at this current price level.
P/R ratio may be a more important indicator than P/E, since Top Line growth (Revenue) is probably more important in China at this stage (Like it was to AOL 3-4 yrs ago). In other words, you would want to sacrifice some earnings to obtain a larger market share in the current Chinese competitive environment.



To: interesting man who wrote (531)3/22/1999 9:50:00 AM
From: Dorine Essey  Read Replies (2) | Respond to of 1593
 
We are up over $1.00 and NO one is posting. Are you all in shock????

VBG

Dorine