Okay, Clyde.....
We're playing "..what if..." here folks! Okay....!?!?! We don't want to generate a bunch of mindless "Pud-grams" over what is simply a discussion of potential opportunities! :-)
XNET (Xin Net) in Beijing, to the best of my understanding, is an ISP. It's basically the "AOL" of downtown China - if what I read was correct. The other fact is that only one in five people there currently have a telephone - so the demand for communications is incredible. Try to imagine your life - if you had to go down to room 222 and romance Mrs. Chu every time you wanted to take care of business!
[ If you start at the beginning of this thread, and read all the posts - you too may become familiar with Mrs. Chu :-) ]
The regulations and policies currently in place in China prevent big U.S. companies like AOL, Uncle Bill, LYCOS, AT&T, etc., from tap dancing into downtown Beijing (with pocketfulls of big bucks) and gobbling up XNET - thereby capturing the market.
[ For those who can't read, please rent "Trading Places", or ask your rich aunt who T. Boone Pickens or John D. Rockefeller is ]
The Chinese don't want to be financially bled to death by some high-flying outsider, who has "x"-many softheads, engineers, techies and finance types to throw at the problem - to overwhelm the locals.
Now, consider that the new CEO of LGOV is supposed to be a seasoned telecommunications and internet whizbang. LGOV already has licensing to do telecom (and I presume "web") business in country. Let's also presume that Dan, Deng and the resident heavyweights on the Board are not going to hire this dude without some expectations that he will "GROW" the business, and/or generate new business.
New CEO + acquisition of XNET = potential for LGOV to become AOL of China; ergo, we all become grossly wealthy and can trash out hotel rooms while letting our accountants pay for it all! (....that was "yuk-yuk" for those out there who never go outdoors without their mommies)
[ Hey REDDY....., before you bash me into submission - the preceding is definitely fictitious author's license........ :-) But, consider the possibilities! We could have a stockholders meeting in the Astrodome, carpet the field with $100 bills, and just roll around on the ground giggling - while the "ignorant, uniformed and unteachable" hunt for something to invest in! Ho, Ho, Ho, Ho, Ho, Ho,......Navigator in the sock you go...., dum dee di deee dooh....! ]
I know, I'm having all together too much fun here!
Quoting a famous crime fighter. "Buy on the dips!, and A.C.C.U.M.U.L.A.T.E. .......!!!
Quoting a very wise Lady, LGOV is "...the gem of the Orient"!
Go Largo...!
John :-) |
