FUNICOLO, YOUR SUCH A DOPE. TOLD YOU YOU WOULD BE EATING YOUR WORDS. HOWS THE CROW TASTIN TODAY?
By: funincolo
30 Dec 1999, 10:30 AM EST Msg. 32674 of 190925
(This msg. is a reply to 32670 by solon13.)
Phan's take on HRCT...listen up
let’s analyze of what we actually have on hand,
not some projected plan. We have the number-one brand
name in financial services in China which is Hua Xia.
We have the only system of online stock trading in
China which is UAC. We have the most sophisticated
delivery system of data via satellite in China which
is Guo Mao. We have the oldest financial data provider
in Hong Kong which is FTL. We have the best group of
software engineers and Web designers in Hong Kong
which is Streaming Asia. We have the most
comprehensive collection of financial news and data in
Asia from Hua Xia Info, FTL and Guo Mao. Can you tell
me which Internet company in Asia, or even America,
has such combination of talents, experience, market
position, resources, contents, technology and revenues
??? What is the value of Sinobull.com ??? When the
investment banker gave me an estimated value of $500.
Million, I said “horseshit”. If Chinadotcom is worth
$2.7 Billion, his estimate is an insult to everybody’s
intelligence. Do not forget that I did not include the
American strategic partner which will come with more
sophisticated products and services to prepare us for
future competition. And all above is just Sinobull.com
components.
I’ll let you in a secret. The wireless ISP and IP
phone service of Innostar Joint Venture is worth 5
times as much as Sinobull.com. The next 3 months will
unfold our business plan and its execution, and you
can all see how big that project will be.
Of course, there are other things to be taken care of
in Hartcourtland. By end of January, we will complete
the NASDAQ application, the CEO selection, the
addition of new Board members, the appointment of
auditors, and a few more strategic acquisitions. It’s
a busy schedule, but it is so exciting that I wonder
why I am still thinking of sex.
I am so certain of our great future that I will make a
bet with any of you. I will put money where my mouth
is. I bet that by the end of 2000, Hartcourt will have
better revenue than Lycos. That’s right. It’s Lycos.
Now if you have a leading Internet company in China
with better revenue than Lycos, what is the value of
such company??? What is the market cap of Lycos now
??? $9 Billions ??? I will set up an escrow account if
I receive enough bets.
Any questions?....
See you in Long Beach...
Mike |
