IMOT, the Yahoo of China?? Message Board

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Technology Stocks : IMOT, the Yahoo of China??

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To: Tom Allinder who wrote (12)	3/2/1999 6:53:00 PM
From: CoffeePot	of 781

Some KEY points from today's press release: Intermost's popular web site, chinaecom.net, already has the highest volume of user traffic of all Chinese trade-related Internet sites. It also has the most advertisers of all business sites in China. Now, Intermost has expanded the site's coverage to include trade regulations, investment opportunities and exhibition schedules. Buyers and suppliers can also list their information on the Company's web bulletin board. In negotiations are an Amazon.com-type Chinese joint venture. Also under consideration is an Ebay-type auction site for wholesale and retail sales in China. Add to that, joint venture talks for online music sales and a host of other opportunities, and you can see that Intermost is determined to lead the race as China's Internet leader. The E-commerce gold rush is to win the web loyalty of the 200 million Chinese who will have credit cards by the year 2000 -- and Intermost has 2 million businesses in their database ready to welcome these new spenders into their stores. With only 600k shares in the float (of the 1.5mm shares in the float 900K is locked up until January 2000, making the float effectively 600K) something tells me it wont last long at these prices. IMO

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