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


To: Softechie who wrote (777)4/5/1999 8:11:00 AM
From: FFNEODOC  Read Replies (2) | Respond to of 1593
 
>>QUESTION #1: WHY WOULD A CHINA OPERATION HAS CANADA...
Softechie,
If you've been following this stock you would know the answer to this question. The xinnet.net site is purely a site for distribution of information to English speaking investors. Mr. Cheung is in charge of IR for XNET, & hence would have been the 1 to register the Domain Name. XNET has offices in Vancouver, Hong Kong, Beijing, & Shenyang. The ISP operation (Infornet) is in the 2 Chinese mainland cities with a web site address of:
chnmail.com
English information about XNET can be found directly from the Chinese Web site @
chnmail.com

I find it interesting that you've chosen to voice these concerns a few hours prior to opening of the market. Do you have a short position in XNET, or are you being paid to post short posts by a MM?
Disclosure of this information would help us evaluate any bias that might exist in your motivation.
Disclosure: I have a long position in XNET & have had for several months



To: Softechie who wrote (777)4/5/1999 8:14:00 AM
From: Matt Brown  Respond to of 1593
 
Softechie....Here you go

Why does XNET have a Canadian Address?
That is the AMERICAN web page. It is for Investors, not the operations of the company. It is not intended to attract customser, silly! It is for us!

The real Chinese website is in China...chnmail.com

Just like IBM operates out of America, the Head Honcho lives here, XNETs headquarters are in America. If you did your DD, you would notice that the Chinese ISP services were recently aquired by XNET. So obviously, the page is gonig to be from Canada.

Also, remember that Chinese govt owns 20% of the company.

If you have further questions, let me know.

FM