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Microcap & Penny Stocks : XSNI - X-Stream Network -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey D who wrote (859)5/23/1999 3:56:00 PM
From: Terp  Read Replies (1) | Respond to of 3519
 
They do not need to be above $5 to do an IPO. That is strictly for Naz listing. Also, no way would they do 20 million shares. They would do much less than that and eventually sell restricted shares into the market for more funding. With the proper campaign (by Lehman or whoever leads it) this could be one of the hotter IPOs to hit the market. I am just waiting for the day they announce coming to the US. They have (will have) the backing to do it, from what I understand. Remember the Lucent investment made by X-Stream? Don't you think Lucent knows this company could set a new standard in the US? If that happens, guess whose equipment would go into what would become the fastest growing ISP in the US.

May sound far-fetched at this point, but that is along the lines of what I am hearing. Think about it. It makes an awful lot of sense.



To: Jeffrey D who wrote (859)5/23/1999 4:19:00 PM
From: donkeyman  Respond to of 3519
 
Jeff: I asked that question, does x-stream need to hold down $5.00/share for a period of time in order to achieve the Nasdaq Big Board status? The x-stream office told me NO, not when you're looking for an IPO. That was excellent news to me.!!! I bought a few thousands shares of x-stream, not only because Europe is now the hot spot in the Internet business, but because X-Stream only had 1.9 million shares in the float according to the x-stream office. They just can't jump up the stocks to 10 million, 20 million or 30 million shares without somehow rewarding those that bought that stocks because of the low number of shares in the float. An IPO of less than 5 million shares for x-stream could drive this stock through the roof. They aren't into just selling a few products or running an auction. x-stream is a portal along the lines of AOL or Microsoft or Yahoo. X-stream is in the top 3 in the UK with 350,000 subscribers, and growing fast. Can you imagine if the top three portals in the UK formed a joint venture? They could run head-to-head with AOL and where they're the FIRST FREE INTERNET SERVICE, they could beat out AOL, Microsoft or Yahoo in Europe and the low number of shares could drive them through the roof.!!! What do you think.??