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Technology Stocks : China.com Corp-(CHINA)

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To: RealMuLan who wrote (351)	7/22/1999 7:28:00 PM
From: Mohan Marette	of 504

Asia Rumblings- China.com Shares Will Climb Steadily, Say Analysts ------------------------------------------------------------------- China.com Shares Will Climb Steadily, Say Analysts Shares of China.com Corp. (Nasdaq: CHINA) will experience "a steady upward trend," Capital Research Inc. predicted in a investment opinion published on Stockpoint.com. Since it's Initial Public Offering surge to $68.00, the portal operator's share have dropped to the $45 - $45.65 range. Capital describes this as the support level for the stock. Capital Research indicated that China.com's IPO has been successful because many analysts view the portal operator as "America Online (NYSE: AOL ) of China." This is despite the fact that it has rated poorly in recent surveys of China's top websites and the fact that it hasn't set up an ISP operation in the country. The company is currently in acquisition mode, report observers. asia.internet.com

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