This is not all-inclusive on XNET, but a breif overview--
From the Club Fatt! Evening Edition, 4/1/99
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Subject: Club Fatt! Evening Edition
I hope this reaches you all sometime this weekend, as we continue to have
problems with the mail server. They will be cleared up this weekend, I
hope!
On to stocks!
XNET- (many thanks to Francois for aiding me in research)
This stock has performed nothing short of amazing for Club Fatt!
We have been on this stock for over 2 weeks now. The word is now
beginning to get around, obviously, as the price indicates. Not everybody
knows about it yet though. It will hit many radars over this long
weekend, which will trigger questions, and new research developments by
new investors.
Allow me this time to explain XNET to a few of the new members.
XNET is called Xin Net. XNET is a Chinese ISP that services 2 major
cities at this point. They are rapidly expanding into 4 other areas and
possibly 5. The company has been profitablie since 1997 (when it was
private). As you can tell, there has been one news release on this
company. Obviously, the CEO is not trying to HYPE this stock and company,
which triggers the Club Fatt! alert! I like these kinds of stocks. They
are a solid company with rapidly growing revenues, earnings (amazing for
an interet stock!), and customer base.
XNET is not just in the business of Internet providing. They provide
many fax, email, telephone services that have not been talked about much,
but are very imporant assets. Some PR will be out soon, addressing these
issues. They have many customers in these different areas.
The Chinese internet market is expected to grow by a multiple of 5x the
US markets. China is the most populous country in the world, so there is
a huge market. China is not used to the Internet. It is in the embryotic
stage and is rapidly growing.
Major companies such as DELL, IBM, MSFT all have invested money in China
and its Internet technology. DELL has seen sales increase by 70%. This
is their quickest growing sector. What do computers need? Yes, Internet
Access!
XNET should not be confused with XCELLENT NET, as that was the previous
owner of the symbol. Those SEC filings are not for the same company!!!
XNET should be filing for a listing on the NASDAQ soon, as that would
increase value and add new investors. A filing date would seem logical
for around April, as many companies do their filings then. Watch for an
announcement. The current share situation is: Oustanding: 14 million
Float: 2 million This indicates that on NEWS it will move fast and
steady and that Insiders are NOT SELLING. This is great to know. This
means that the insiders beleive in where this stock is going.
XNET is like a baby way ahead of its time. It has its foot in all the
right places, and is way ahead of its time, but it just needs to grow.
But the great thing is: IT IS GROWING VERY QUICKLY Go baby! :)
The CEO is a very bright man who has positioned XNET well, IMO. He sees
where the growth is at and has placed XNET in those markets.
Whats new @ XNET?? Well, in the works, we have a potential portal site
(huge), a new investor website (sideliners will jump in when they see the
numbers), and many more PRs explaining the many new developments that have
been taking place @ XNET, including expansions into other major cities.
Remember, he is not hyping this company, and is sold on solid growth. My
kind of guy!
There is so much more to XNET. It is a quality company that is finally
getting the kind of recognition it deserves. For a full report on XNET,
go to my website (address @ top).
As you all know, the stock has surged lately. We have not seen many
shorters move in to this stock. They will typically come in and try to
scare you out of your shares. Maybe they have done their HW! Don't let
these guys scare you. They use emotions and fear to scare you. Most of
the time they have nothing to prove what they are saying. You know they
are morons if they have to use cussing and outrageous claims like BAD NEWS
coming, or SCAM, etc. You all know what this company truly is. USe
common sense! Please notify me if you find a short, as I would like to
talk to them and ask them WHY they are short. I mean, what the heck is
the upside for a short position on a $3 stock? Always use logic and if
you do respond, always include links to let them read. This will
typically work and drive them away. But, again! the great thing is that
we have not seen many yet! Will probably see some come though, so be
prepared.
For more info on XNET:
techstocks.com
Subject 22339
geocities.com
EGAM-
EGAM has had a few days of Positive gains, which is an indicator that
something big is coming, IMO. I do not know, as I am not an insider. I
think the name is getting out there to the consumer, as they have an
excellent new name.
Why did EGAM go down on such great news?
There were short-term players in that stock. Too many to sustain a high
price. The stock is very sound and has an intelligent CEO. The company
has an evergrowing profit margin and EPS.
EGAM has a lot going for it. The charts look like accumulation is going
on. Insiders are not selling this stock, from my research.
Please see my research report on this stock too!
If you have any questions regarding any information in this email, please
feel free to email me. I will try to answer to the best of my knowledge.
FM
I hold a position in XNET, EGAM
The above info is presented to the best of my ability and knowledge.
Always use common sense when investing and do you own research before
investing in anything we talk about. We are not liscensed stock brokers
or financial planners. We simply do research and present it to the
members. Base you investments on your opinions and gut, not Fatt Matt's
gut!
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