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Technology Stocks : China.com Corp-(CHINA)

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To: neverenough who wrote (184)7/13/1999 10:45:00 PM
From: eCurl   of 504
 
>I'll short this duck tomorrow on the gap, if I can get shares. CHINA >in no way deserves a market cap of 1.4B. Not one of their sites are >even in the top 10. They have about 350,000 registered customers and >don't even receive 100,000 hits a day. CHINA, IMO will be trading in >the 30's by weeks end.

Ditto, as compared to real China portals like Sina.com, with over 2 million hits per day these guys are no where to be seen or recognized in China. Also one of CHINA's previous companies that got rolled up in China.com, China Internet Corporation, got banned out of China, but due to coorporate restructuring they managed to get around it.

AOL buying into these guys is no warrant for the quality of the company. Investors would have flipped out of this one within a month, IMO.
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