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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 (639)	4/19/1999 2:23:00 PM
From: Lance	Respond to of 1125

This one is unwinding..I'm out of here! By broker says $3.50-$4.00 is the new level. I'll buy back later it it evens out. Lance

To: Lance who wrote (639)	4/19/1999 2:24:00 PM
From: WallStreetTips	Read Replies (2) \| Respond to of 1125

MXNT >>> Reply to lance Yes I did buy some at $7 and hold sold some just to test the MM games. I had placed an order to buy few thousands at market when the ask was $5 and it got filled at $6 - $7. So I placed order to sell few thousands when the bid and ask was $6 3/4 - $7, which to my surprise got executed between $5 and $6 which made me think that the MM here plays games. Don't forget I have purchases ranging from under $2 to $7, but my average purchase price is around $3-4 as of now. I actually bought 10000 shares today. I am here for very long haul. Just my views.

To: Lance who wrote (639)	4/19/1999 4:01:00 PM
From: tonto	Read Replies (4) \| Respond to of 1125

Lance, add up the amount of shares that WST has advised he has purchased recently. It doesn't matter if someone is a "big buyer of a penny stock" or not. Why would someone "invest" close to $500,000 in a company with no financials? That is a very hefty stake and the risks are well known. I do not know if he has or not and do not care. A big mistake investors make is assuming an internet stranger is in the know. We do know all recent purchases if made are deeply under water and the paper losses on those purchases are very significant. It is always best when a stranger advises he is buying so heavily to ask for confirmation, otherwise it serves no purpose and can be costly... Best to all.