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Technology Stocks : INTERNET ASIA + Indexes

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To: Francois Goelo who wrote (194)4/8/1999 6:42:00 PM
From: Matt Brown  Read Replies (2) of 1567
 
FG,

Wow! Great job! Your thread is maintaining a high level of professionalism! Keep it that way bud! Looks like you might be camping out on the top of the hot list for a while. People are really seeing the Kitty Chow Mein at the end of the tunnel on these Chinese stocks, especially the Internet ones.

Here are some of my thoughts on the ones that you and I have researched, etc.

XNET-
I am very interested in the fact that they ARE looking into the full NASDAQ listing. It appears that XNET may have hit its base today. There seems to be a lot of support at this level. As you know, our team got out @ 6+ and we are looking for a point at which to get back in. I knew the profit takers would move in and the MMs had to put their clothes back on. The stock is trading at levels that to me show high undervaluation. The Directors of the company look like some sharp guys (see FDOC's post). The volume looks to be stabalizing a little. Soon, we are looking to get back in...I am going to watch it for a little longer and watch for some news.
I think that if they announced an official NASDAQ listing, they would hit some high levels from this point.

ZSUN--
Looking very sharp buddy! I greatly enjoyed the interview with the CEO that you conducted. Very wise IMO. Looks like all the "scam" crap is beginning to clear and people have realized that you are not some tout. I think they were jealous of how well you do your HW and DD!! Superb.
I am also looking at an entry point on this one. I would not mind paying $20, if I knew it would stabalize at that price. The charts indicate premature runs on news then profit taking and shorting. Little dangerous to toy with. I will wait it out for more basing.
I would be happy to put the report for ZSUN back up on my thread or give you a link to it if you would like. Let me know.

TNRG
This stock is my newest "Chinese" toddler, as you call them! LOL As you know I have done a full-research report, just like all the other stocks. You have seen my comments about the growth, potential, etc. It is gaining a little attention recently. This Tilton guy, the CEO, is supposed to be releasing news on the spinoffs tommorow. If he doesn't there could be a temporary sell off. Might create a buying op, or re-evaluation of position point. We will see and decide tommorow on this issue.
I would like to see your comments on TNRG. You always have something "twisty" and unique to add to any stock evaluation. And something to think about. I know that you plan to add it to the Index once the spinoff is complete. I would just like to see what you think, thus far. Volume was huge for the 2nd day in a row! 7 million shares!


Hey, get this! I got a little bashing today on the Raging Bull thread! LOL I got told by 2 of my members that they said I "moved" the stock and then shorted it! LOL They blamed me for the short-lived fall. The stock came back very quickly at the end of the day. It was nothing more than an MM shakeout! It was great to watch at the end of the day. Too back I couldn't stay home and watch it all day.

Well, hope my thoughts help a little...

Great job with the thread so far!

FM
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