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Microcap & Penny Stocks : GTCI - get in before the news hits

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To: blessed who wrote (511)2/12/1999 10:20:00 AM
From: ztect  Read Replies (4) of 1541
 
Per article...

"..Sales of personal computers for home users in the mainland grew more than 60 per cent last year compared with 1997, with more than 1.2 million units sold, according to market researcher Advanced Forecasting-HuiCong (AFHC)...."

Some math per article...

1998.........1,200,000

60% = .60

1,200,000 times .6= X = 720,000 Computers sold in previous year

So recap...

1997........720,000
1998.......1,200,000

How many existed prior to 1997 and are non y2k compliant?...

Certainly fewer than 720,000...thus hitherto there seems to be neither a large market for y2k software or an immediate need for an ISP....

So compare these numbers to the number in the US...

And the percent as to the population...What is China 1 or 1.2 billion people....

Hint: here are very few computers in China relative to the US and as a percent of China's population

Seems like the government is controlling access to information very well based on the stats you just provide...if this is how many computers there actually are...at this time in China...

Have to wonder whether or not the paid news letter determined these numbers especially regarding the y2k problem lack of applicability to non compliant pc's in China....

Now lets take another look at the hysterical language of the paid for tout...

Y2K Bugfix Software Solution:

"...Some estimates put the total global cost of fixing the Y2K problems at U.S. $1.4 trillion. In other words, twice the combined costs of the Vietnam War, the 1995 Kobe and 1994 L. A. earthquakes, and Hurricane Andrew, according to the Organization for Economic Cooperation and Development. The Y2K problem in Asia is particularly critical due to the lack of preparedness both by the governments and businesses. It is reported that more than 65% of the companies in Asia are just starting to address the issue and they will have to resolve the problems far beyond 2000...."

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z
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