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Technology Stocks : StarMedia Network, Inc. (STRM)

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To: Tradewell who wrote (287)7/11/1999 2:21:00 AM
From: $Mogul  Read Replies (1) of 518
 
Thats kind of true, Goldman Sachs was the lead Underwriter for STRM.

The problem of China.Com is that the Communist Gov't will not allow the company to develop like a STRM or AOL, etc. if you read the prospectus it says China.Com has yet to get many Gov't Licences to actully do business in many provinces. It will be an interesting IPO, it should do quite well do to Institutional demand.

One Chinese Internet Company that is really quite interesting is (CHML) BB. It isthe ONLY Internet based company American or Chinese that has a Licensce to operate and conduct business in every Province in China. Wall mart is in China and even they don't have that from the Chinese Gov't, neither does China.Com.

Good luck guys!!

$Mogul
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