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Non-Tech : CAOL: The Chinese AOL and Internet Lottery

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To: Dave Gore who wrote (493)6/30/1999 12:53:00 PM
From: BillHoo  Read Replies (1) of 720
 
<<If you have something to say it would be nice to hear from you.>>

I'm getting ready to buy. However, for those who think this will skyrocket like AMERICA Online, you may have to wait a while.

Although China has many potential customers, you have to consider the factors of computer saturation and accessibility.

I think in the long term, this will be a fine stock, (assuming they don't fall prey to government corruption ie. You must pay a business tax, a wire tax, a computer tax, a floppy tax, a keyboard permit, a computer chair license, the Premier's brother's tax, etc.) but China has a ways to go before they BOOM like AOL did here.

-Bill_H
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