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Non-Tech : CAOL: The Chinese AOL and Internet Lottery

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To: Evan who wrote (360)5/25/1999 6:45:00 PM
From: gizmo&jack  Read Replies (2) of 720
 
This stock is not a short-termer! This is one of the most promising long-termers on the BB market by far and it is only falling because of short-term investors. No stock in the BB market is immune to a lack of news. None. Each will fall as short-termers move on to something else that is "expecting" news. However, most everyone that leaves keeps an eye out and will return when news comes because they know of this stock's potential and know that, like Dave said, the fundamentals are getting stronger each day. The BB markets can be treacherous due to the short-termers I have learned. But the trick is to use them to your advantage. I actually feel lucky that this has happened. It is allowing me to average down real low with a huge amount of shares and I am absolutely convinced that this will benefit me more in the long run. I could care less if I have to wait 3 to 6 months for this to fly. Because I am certain that it will. And returns will be enormous. It is just so undervalued, it is absurd. The company could be only 25% successful on the lottery portion of its business with no expansion whatsoever and 0% results from its ISP (0 out of 8 million) and it would still have projected revenues of $5 million which was the approximate market value of the company when the stock traded at .50 today. That's only a ridiculous 1X revenues in the case of a total disaster which we have no reason to believe will occur. I just have never seen any stock this undervalued. I am not hyping. I just haven't. Please let me know of one anyone, because I would love to buy some. Anyway, bottom line: if you can't wait, get out now. Start daytrading and good luck. (Nothing wrong with it. My pick for tomorrow is SGII). But if you can wait for some potentially humongous returns and I mean really wait (3 to 6 months), then this is the place to be. Take care. G&J
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