The best comparison is China.com. BTW, the article says 7 Millions SUBSCRIBERS,
so why use the article when it suits you and ignore it when it doesn't, in well proven SSB's style?... Here is the excerpt:
..."At least this one has a deal to operate in a huge market: 7 million users already for those 18 official government ministry websites forming the core of New Tel's portal, and 33 million inside of four years, projects an outfit called Security Capital Trading, and how can you not trust a research firm that promotes "Trading" rather than Investing?"....
Now, let's take a good look at CHINA with ONLY 2 MILLIONS SUBSCRIBERS, 42 MILLIONS SHARES and $4 BILLIONS Market Cap:
..."China.com Corporation is a pan-Asian Internet company delivering content, community and commerce through its portal network to Chinese language audiences interested in local Portal services emphasizing the Greater China region. For the fiscal year ended 12/31/98, revenues totalled $3.5 million, up from $509 thousand. Net loss totalled $8.5 million, up from $4.1 million"....
biz.yahoo.com
My conclusion remains the same and I expect NWLL to have a Market Cap of close to $2 Billions with about 20 Millions ADR shares and a trading price of around $100.00... Could be a lot more if the difference in NUMBERS of SUBSCRIBERS is taken into account, as it really should...
Disclaimer: This is only my opinion, not a recommendation and no responsibility is accepted for errors or omissions... Potential investors should carry out extensive Due Diligence and only invest what they can afford to lose...
JMHO, F. Goelo + + + |
