IMOT, the Yahoo of China?? Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ted M who wrote (553)	3/16/1999 8:54:00 PM
From: Retired41	of 781

Ted I have addressed the point in several posts regarding the popularity of the IMOT site for Chinese business. Note in their press release touting the fact they are profitable where they note they already have one third of the market. Further note the negligible difference between first and second quarter revenues (they said it was a "whopping 10% growth). There is just no potential there. The Chinese companies in Hong Kong will have the market whenever they want it... if the mainland government allows it. Bottom line is that this is, IMHO, a thinly disguised scheme to pull hard currency into the communist party coffers. Sadly it is aided and abetted by Americans. Especially at this difficult time in our international relations with China.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next