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


To: Sprintcar who wrote (555)3/23/1999 9:44:00 AM
From: FFNEODOC  Read Replies (1) | Respond to of 1593
 
AOL vs XNET update;
IBM to invest in the 2 cities our XNET has a presence already.... sounds good.
AOL now has a market cap of 133 billion, or about 33 times estimated 1999 REVENUES. If you bought $10,000 worth of AOL stock in 1994, it would now be worth $1,600,000. During the next 5 years the Chinese Net is anticipated to grow at the same rate as the US grew during the last 5 years. Hopefully this analogy will hold true for XNET. BTW, I have an email out to E. Cheung regarding any forthcoming news from the company, I'll post any response I get from him here.