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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: $Mogul who wrote (9744)6/25/1999 4:28:00 PM
From: gizmo&jack  Read Replies (1) of 108040
 
One more CAOL comment. Heard that china.com may IPO on NASDAQ as early as next week. So I was way too conservative in my prior post. Regarding AOL's significant equity investment in china.com (I think 10% or 15%), it just validates the enormous potential of the internet in China. And even if china.com maintains the dominant market share like AOL does here, the market opportunity for other ISP services, ie. CAOL, is immense. Think about this: AOL's market cap may be $111 billion. Earthlink's is $2 billion, less than 50X in value. So you can't really compare the two, but if Earthlink's market value was, say, $100 million, you might say that it was significantly undervalued and a much better investment opportunity that AOL. This is how I feel about CAOL relative to china.com and is my response to a few people who have messaged me making ridiculous comparisons between CAOL and china.com as if this was a reason not to invest in CAOL. CAOL's market cap is around $5 million. It's lottery operations alone support a stock price multiples beyond where it is today. And I have a feeling that the ISP in a province of 100 million will support a stock price multiples beyond where it is today as well. Now combine the two aspects of the business and you begin to get the picture. Should be interesting news coming soon.
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