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Technology Stocks : QINNET---- CHINA INTERNET---- QNNT
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To: P.S.N. who wrote (31)2/18/2000 2:05:00 PM
From: Far Side  Read Replies (2) of 69
 
Closing in on our 52 week high !

I am convinced that all companies doing business in the PRC carry a certain amount of risk. But that doesn't stop them from doing it. China is reluctantly allowing companies like Qinnet, Am Tec, Chin.com, CBQ inc, etc.etc.etc. raise foreign capital because that is how produce a competitive marketplace. If you don't then you might as well allow China Telecom to exclusively deliver all internet related products and services.

So is an investment in QNNT a risk ?
Of course it is, but maybe not as intimidating as you may be led to believe. The rewards in China are real but it requires such as Qinnet to show that they got the entrepreneurship to produce a significant country wide ISP player out of a patchwork quilt of unconnected local ISP providers.

Right now, most local ISPs are at the mercy of China Telecom for installation and maintenance services as well as bandwidth capacity. The challenge for QNNT is to get access to some means of giving themselves a competitive advantage over all the of the rest of local ISPs in China. They need to develop partnerships and associations as well as the ability to technically transfer data faster than anybody else.

Can they do it ? I say yes, but we will see.

Jim
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