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

To: chirodoc who wrote (1297)	5/4/1999 10:13:00 PM
From: FFNEODOC	Respond to of 1593

Curtis (ChiroDoc), I like some of the biotechs that have products that are in the pipeline, but yet to get FDA approval. These are ripe for the picking (in the small cap and contrarian indexes, since both sectors are out of favor... ALLP & DSCO. Both have products in phase 3 studies but are gambler's stocks since the >10X payoff will only come if these studies prove successful. I also like NNCI as an undervalued Net Stock likely soon to move from the OTCBB to NASDAQ. A good "safe" stock that is currently valued very cheaply is MTMC (about 1/3 of it's 52 week high) ... a major network maintenance company in the NY Metro area that has a close affiliation with PSIX... who knows if there will be a more "close" association in the future for these 2 companies. From a recent PSIX press release.. PSINet's Quarterly Revenues Increase 136% to $104.8 Million Tuesday, April 27, 1999 07:33 AM HERNDON, VA.--(BUSINESS WIRE)--April 27, 1999-- Annualized Revenue Increases to $419 Million 79% Increase in Business Accounts to 59,700 165% Increase in Carrier Customers to 898,000 EBITDA Loss Improves to $6.8 Million EPS Exceeds First Call Estimates by $0.09 PSINet Inc. (NASDAQ:PSIX) today reported first quarter revenues were $104.8 million, an increase of 136% over the $44.5 million reported for the first quarter of 1998 and an increase of 12% over the $93.9 million reported for the fourth quarter of 1998. EBITDA for the quarter was a loss of $6.8 million, or 6.5% of revenue, a four percentage point improvement when compared with an EBITDA loss of $9.9 million for the fourth quarter of 1998 or 10.6% of revenue, .... Acquisitions and Alliances ..... - Entered into or enhanced significant strategic alliances with Micros-to-Mainframes, Inc. (NASDAQ: MTMC) and TimeBridge .... I like PSIX also, but a bit expensive right now. I put it in the same group of stocks like GBLX that I bought a $18 last year(before the split) but wouldn't rush out to pick up more shares right now (though still think they're great long term holds), since I think the cylclical rotation to the smaller cap tech stocks has already begun and is likely to continue. (value and growth always eventually win out.) I think this is part of the reason our XNET has held pretty steady through all the recent NET turmoil. Just my opinions, Frank