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


To: Lance who wrote (455)4/13/1999 11:03:00 PM
From: WallStreetTips  Respond to of 1125
 
MXNT >> GREAT COLLECTION OF INFORMATION ON COMPANY, READ THIS

Message 8813936



To: Lance who wrote (455)4/13/1999 11:24:00 PM
From: Michael Graham  Read Replies (2) | Respond to of 1125
 
Several comments:

1. Someone mentioned that MXNT has filed for Nasdaq. This is the first I have heard of this. It may be true. Goinlong, where did this info come from?

2. The 13 million O/S and 3 million float came from a post on this board several months back. Izzi is very tight lipped about this info. I couldn't verify. However, the trading patterns seem to support those numbers fairly well. Every now and then someone can call and ask a question that others have asked, and get an answer.

3. There is no earnings info at this time, since MXNT is not reporting yet. Once they become reporting, we should get about 2 years of audited financials (if I recall the reporting procedures correctly). They will not be spectacular since MXNT is just starting to come into their own. 1999 should be the breakout year.

MXNT did very well today. Hoping for more.

Mike