donkeyman,>>>can anyone confirm China.Com has 350,000 subscribers, 30 million shares outstanding, about 5 million shares in the float, and their valuation is about US$1.8 billion (30 million x US$60.00/sh) <<<
After the IPO, there are ~20M shares outstanding @ $55.00 (todays close) with about 4.2 million shares in the float. Market cap is ~ US$1.1 billion.
WRT the China market, according to Intel, China will be the second largest PC market after the United States in the year 2000!! Right now, they are five years behind the US in Internet access. Remember, Bill Gates never went on the Internet, personally, until 1994.
Mary |
