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Non-Tech : InvestRight Club Challenge

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To: Aj-Ruk who wrote (1496)4/17/1999 4:24:00 PM
From: Jeffrey L. Henken  Read Replies (3) of 2662
 
Here is a post on GCHC that any investor in the stock should read:

Message 8982195

To: Francois Goelo (0 )
From: Douglas B Meyers
Saturday, Apr 17 1999 3:28PM ET
Reply # of 434

To all: Received a fax late last night w/regards GCHC. It states that GCHC's partners in China, HK, Europe and US consist of 6 companies. They all combine to produce, install and sell fiber optic related products. Projected revenues, all things remaining current, will be in excess of $500M (five years). If aquisitions follow GCHC current plans-revenues will be much higher. Now add to this formula, presence in the China internet, possible acquisition of Newsdata Network(this was goal of GCHC back in '97) and future revs-profits could be double current projected levels. GCHC has built a reputation in China which is invaluable. If GCHC then gets listed on NYSE-this has been their goal-we gain institutional recognition plus a more stable stock price. The clincher will be for China being accepted into WTO, by end of this month. Zhu stated that this is his desire. If China is not accepted-GCHC still has the $52B government allocation to build a modern fiber optic/telecom system.
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