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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mad2 who wrote (8799)	5/17/1999 12:34:00 AM
From: Dale Baker	Respond to of 18998

I am more interested in seeing some audited financials for the company. I know they are in business; but no one has any idea how much debt they carry, how much cash they do or do not have, the terms of the LU deal, etc. I E-mailed XSNI asking for an annual report or quarterly report. We will see if they respond. Their IR firm doesn't have much. But for everyone - I have no plans to write anything further about XSNI, so whatever we learn is academic. The point was what I found on my first forays to established research sites. A BB stock with no SEC financials is inherently risky. That was the point. Then everyone just went nuts for some reason.