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Non-Tech : venturetech VTEH bullettin board
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To: randy delano who wrote (797)3/30/1999 9:01:00 AM
From: Targetzero  Read Replies (1) of 913
 

This was posted on the RagingBull thread by Uncle G. It basically confirms what I've been hearing:


By: Uncle_G
Reply To #98 by Targetzero
Tuesday, 30 Mar 1999 at 12:20 AM EST
Post # of 100

I believe that several news releases are indeed coming but I just heard several large buying
blocks are coming in tomorrow from Hong Kong. The excitement over there is building as
they are about to have their own "home grown" Internet gaming site because of the JV with
VTEH and ASTV.

Asian Star has a huge reputation in HK and China. By the way, their stock is still unknown in
the investment circles both here and there. I believe that they are about to start their first
promotion shortly. ASTV only has 400,000 shares in the hands of the public. They did
300,000 shares last year with 250+ shareholders so they can qualify for NASDAQ. Now all
they need is the $4 as they have discounted assets of over US$18 million. I really like this
group but they do lack promotional skills. Of course IR groups can easily be hired, which is
coming soon. I'm just starting to go long but it is hard to buy size so tread softly or it will jump
on us.

If VTEH breaks out over $1.50 it could really move as that was the realistic trading level last
year. It maintained over $1.20 until the summer slump in August. I have heard a rumour that
one of the promo groups on Starnet has been hired to do this one. What a win that could
bring us!

(Voluntary Disclosure: Position- long)
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