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Microcap & Penny Stocks : MXNT >> MaxNet Inc. >> Undiscovered Web Portal >> MXNT -- Ignore unavailable to you. Want to Upgrade?


To: Michael Graham who wrote (383)4/8/1999 8:35:00 PM
From: WallStreetTips  Read Replies (1) | Respond to of 1125
 
MXNT >>> Compare monthly trading volumes of MXNT with GNET

Take a look at monthly trading volumes of GNET when it was out public and compare it with MXNT. I see that MXNT has daily volume way higher than that GNET had in month at the start. Well with the pace at which trading volumes are picking up in MXNT we may see a same pattern in MXNT in coming months and years. If the management is dynamic and pursues their ambitious business plans agressively than we may be holding on to possible next GNET.
Below is Monthly trading volumes and prices movements for GNET over the last few years taking from AOL:

GO2NET INC

Prices Available: 04/23/97 through 04/08/99

Ticker: GNET

Date Volume High/Ask Low/Bid Close
-------- ---------- ---------- ---------- ----------
06/30/97 211,200 4 1/16 2 13/16 3 1/16
07/31/97 351,800 3 3/4 2 13/16 3 3/8
08/29/97 284,800 3 3/4 2 7/8 3 3/8
09/30/97 531,600 4 15/16 3 4 7/16
10/31/97 405,000 5 1/8 3 7/8 4
11/28/97 158,800 4 9/16 3 9/16 3 9/16
12/31/97 237,200 4 1/8 3 1/4 3 7/16
01/30/98 659,400 5 3/16 3 7/16 4 7/8
02/27/98 2,218,400 9 3/8 5 8 3/16
03/31/98 1,417,000 9 1/8 6 7/8 8 1/2
04/30/98 7,320,200 19 1/2 8 3/16 13 1/2
05/29/98 2,196,400 16 15/16 11 12 3/8
06/30/98 1,070,400 15 1/4 11 5/16 14 3/4
07/31/98 1,992,400 17 1/2 13 13 1/2
08/31/98 718,800 13 1/2 10 13/16 11 1/16
09/30/98 1,911,600 11 1/4 6 7/16 7 1/2
10/30/98 2,704,600 12 5/8 7 11
11/30/98 19,633,800 25 7/8 11 17
12/31/98 4,173,400 21 7/8 14 9/16 17 11/16
01/29/99 30,322,400 71 1/4 17 11/16 55 1/2
02/26/99 9,943,100 60 39 58 1/2
03/31/99 36,106,400 156 54 132 5/8

Just my views.