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

To: FFNEODOC who wrote (947)	4/8/1999 3:42:00 PM
From: interesting man	Respond to of 1593

just wait till the newer data comes!!

To: FFNEODOC who wrote (947)	4/8/1999 4:30:00 PM
From: stockman_scott	Respond to of 1593

FYI...Some Interesting Comments on Internet Valuations... <<Dow Jones Newswires -- April 8, 1999 Internet Fund Manager: Web Cos. Defy Old Valuation Models NEW YORK (Dow Jones)--Investors should scrap traditional valuation models, such as price-earnings ratios, when evaluating volatile Internet stocks, according to Alex Cheung, manager of the Monument Internet Fund. "You have to look at the Internet sector as a brand new industry with mostly development-stage companies," Cheung told CNBC in an interview Thursday. "You have to look at it differently from the way you look at a company like AT&T." Investors should focus on an Internet company's potential market size and its ability to retain customers, rather than its P/E ratio or revenue growth, he said. A successful Internet company has a "business model with a clear path to profitability, key people who are happy to work there and the necessary financial muscle - money in the bank," Cheung said. >>

To: FFNEODOC who wrote (947)	4/8/1999 5:14:00 PM
From: John M.	Respond to of 1593

The numbers are not impressive to me at this stage. The change in styles and habits in human behavior will affect the growth of internet stocks in China. A country in need of communicating and being heard....it is freedom for them. Think about it...it is huge! So many thousands of subscribers now, turns into multiples of same in the next few months and years. That's what appeals to me ...the future...and for them, that is occuring now. Millions hungry for freedom. What better way to accomplish that than the net. This will benefit XNET and all similar companies for many months to come. Long on XNET. John M.

To: FFNEODOC who wrote (947)	4/8/1999 11:26:00 PM
From: stockman_scott	Read Replies (2) \| Respond to of 1593

Chinese Economy> China's GDP Grew 8.5% in January and February, Zhu Says ====================== (4/8/99) China's gross domestic product grew 8.5% in January and February, Zhu Rongji said yesterday in Los Angeles, according to the April 8 Hua Sheng Bao (Hua Sheng Overseas Chinese Newspaper). Last year, China's economy grew 7.8%, according to China's official State Statistical Bureau, falling short of the government's target rate of 8%, and falling also below 1997's 8.8% GDP growth rate. China's projected growth rate for 1999 is 7%, Zhu said at a press conference at the White House today.