Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTERNET ASIA + Indexes -- Ignore unavailable to you. Want to Upgrade?

To: FFNEODOC who wrote (317)	4/13/1999 11:23:00 AM
From: Francois Goelo	Read Replies (2) \| Respond to of 1567

FFNEODOC, I don't believe anyone Company has driven XNET stock upwards,... Here is my response to the concerns of Sprintcar yesterday: It happened that information and Due Diligence reached a critical mass and investors watching the stock decided to move in. I don't even know the name of the Company you are referring to, that's how much influence I received from it. I would also like to believe, rightly or wrongly that the piece I wrote comparing IMOT and XNET made a few investors think twice. Few short sellers can short stocks below $5.00, unless of course, they are MM's. Anyway, the stock rose today, so I am not too worried. Remember, there are precious few ISP Companies operating in China, that are listed on a US market. Look at PCNTF, up from $52 last week to $94 today. Eventually GTCI, XNET, ZSUN and even IMOT will follow a similar path, more or less rapidly. The dilution is a necessary evil to expand the operations. Additional revenue will soon compensate for the additional number of shares, while the Company will be able to operate in a sound financial situation. Please, let me know the name of the Company you are talking about and give me a link as well. I would add this: Mr Cheung is a trustworthy individual and he could not possibly do anything to harm XNET or its shareholders, having a fiduciary duty, as a Director. This is short sellers propaganda that is back firing, seeing what is happening to the share price today. I agree that there is nothing to worry about. The ride will be bumpy, but we all know that is par for the course with BB stocks. BTW, I still have 25,000 shares I intend to keep for when we get closer to the $10.00 mark. Cheer up! Regards, F. Goelo + + +