ZTECT - speaking out of turn, but in regards to your comment please explain to me how GTCI is going to realize the earnings as put forth by their paid for analyst WSRG.
QUOTE 1 ...
"On February 15th the official 'China Daily' newspapaer reported that Microsoft had won $100,000 in a private lawsuit against two companies that copied software for their own use - the first such case in China." [The Economist, Feb. 29th, 1999 - p.64]
POINT 1 ...
The Chinese Government is finally allowing/supporting a CLAMP DOWN on illegal piracy/copying of software.
QUOTE 2 ...
"Microsoft reckons that business piracy accounts for at least half of its losses in China." [The Economist, Feb. 29th, 1999 - p.64]
POINT 2 ...
Half of China's business desktop software has NOT been paid for, is therefore unregistered, and therefore probably not current, ie. non-y2k compliant. Maybe this applies to Government desktops as well. So, the Chinese government is probably being forced to realize the errors of it's ways and has more than likely agreed not to repeat the mistake of allowing software to spread unchecked (like a plague). Furthermore, "by the end of 1997 it [China] had raided 70-80 pirate CD factories on the mainland".
CONCLUSION:
I'll suggest that Y2K software sales could amount to significant contracts ($Millions per contract maybe) with enormous profit margins. So, Y2K software sales maybe a small part of where GTCI "is going to realize the earnings as put forth by their paid for analyst WSRG". Who knows, maybe they expect it to account for all of it's first year's profits. I guess it depends on how well the stuff sells - again, I think it's a good risk investment. The Y2K bug waits for no one even China. Ticktockticktockti
NET:
If we see some sales, this stock is going up. |
