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

To: Dorine Essey who wrote (1093)	4/14/1999 11:10:00 AM
From: FFNEODOC	Read Replies (2) \| Respond to of 1593

Dorine, very solid performance for stock today... considering the gap up, very little profit taking drop. Back up to the opening price which tends to predict another gap up tomorrow. I have an email out to Ernest Cheung regarding the concerns raised by KASH, but given the performance of the stock the last 2 days, I doubt there is anything to them. I'll post any response I get from him here. Good luck, Frank

To: Dorine Essey who wrote (1093)	4/14/1999 12:50:00 PM
From: Robert Andrew	Read Replies (1) \| Respond to of 1593

Dorine, XNET is still my favorite for the long term. I sold a few thousand shares to buy ABFG, which is doing very well, and I just bought USAV. Did you have a chance to look at USAV. Any suggestions? Robert A

To: Dorine Essey who wrote (1093)	4/14/1999 5:50:00 PM
From: FFNEODOC	Read Replies (3) \| Respond to of 1593

XNET Director's Response regarding shorting 5 Million shares as claimed by Mr KASH;.... The following is Ernest Cheung's response to my email that I sent to him regarding allegations of shorting activity by the insiders at XNET, as claimed by Mr. Kash yesterday in his post Message 8869047 -----Original Message----- From: echeung <echeung@portal.ca> Date: Wednesday, April 14, 1999 12:08 PM Subject: Re: XNET & Shorting 5,000,000 shares Dear Frank: Thank you for your e-mail. The 5 million PP was placed three weeks ago now and mostly to arms length un-related parties. There is absolutely no truth that the company is shorting 5 million shares to do the PP. Besides, at today's price levels, why does anybody need to short 5 million shares? Also, do you think the market can sustain a 5 million short position? Regards. ERNEST" This information can be confirmed by contacting Mr. Cheung yourself at the email address provided above. Frank