SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IMOT, the Yahoo of China??

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Donschw who wrote (136)3/3/1999 6:45:00 PM
From: Chris O'Keefe  Read Replies (3) of 781
 
<<What's to prevent Yahoo from going to China>>

First of all, Yahoo doesn't have the market cap that IMOT has.

::Pause::
::Pause::
::Pause::

Ok, back to reality: For now, at least, only 6 or 8 internet companies have a license with the Chinese government. Not saying YHOO couldn't get a license, just that IMOT would have a head start. Besides, Yahoo's "buddies"--Exite, Lycos and Seek--are all prospering, so IMOT could prosper even if Yahoo went to China.

So, we've got an internet portal company that is already making a slight profit and the "bet" is, will they continue to prosper?

Plenty of risk here, yes, but there are some bright spots as well. I like this stock, but it's the dangest thing: I can't tell if we're going to $2.50 tomorrow or $3.50. This stock's so volatile, I'm sure it's going to be one of them--but I can't tell which!

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext