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Strategies & Market Trends : Fatty's Donut Shop
KKD 21.000.0%Aug 4 5:00 PM EST

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To: Matt Brown who wrote (71)3/18/1999 2:32:00 PM
From: Francois Goelo  Read Replies (1) of 5041
 
Fatt, XNET has kindly sent a list of corrections to my previous posts...

Following my request to the management, this communication arrived via e-mail to correct any error or misconception which occurred in my previous discussion about XNET.

1. Microsoft did not directly place an ad, it was done by Federal Software, the largest software distributor in China, advertising Microsoft products.

2. We are not profitable because of IP telephone, our revenue at this point is mainly derived from ISP activities.

3. Home Page Portal is exactly what it means, Xin Hai has a Home Page with links to various other sites. We want to attract users to use the Home Page (with our own content) as the Portal to the Web, the objective is to build traffic.

4. MOFTEC is Ministry of Foreign Trade and Economic Development, it has nothing to do with Internet licenses, the local telephone and
telecommunications authorities do.


Thank you Mr Cheung for helping us understand what your Company is all about.

Regards, F. Goelo + + +


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