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Non-Tech : CAOL: The Chinese AOL and Internet Lottery -- Ignore unavailable to you. Want to Upgrade?

To: Sportfish who wrote (430)	6/8/1999 3:15:00 PM
From: $Mogul	Read Replies (1) \| Respond to of 720

I am about to dump this POS, it's a SACK!

To: Sportfish who wrote (430)	6/8/1999 5:52:00 PM
From: gizmo&jack	Respond to of 720

This is my opinion on your observations (and $Moguls). I understand how you guys feel. CAOL has been disappointing. But I really believe in the company intermediate and longer-term. (As I have with SYCD and am about to reap the benefits from as I believe are you). Question people like $Mogul ask themselves is if this is a good longer term hold, then I will just come back in a couple of months if I see things turning around. It is not a bad strategy for those who are able to watch the markets like a hawk. Because you never know exactly when a stock might really run. Personally, I can't watch stocks all day long every day (not insulting those who do here; I just can't do it). So Iwhen I believe that a company is massively undervalued as I do here, I feel confident that one day, it will be recognized. It almost always is and MMs can't do anything about it. May take 3 months or 3 days, but I have to invest now and hold so I don't miss it while I am in a meeting or something. So the stock is being manipulated badly, but the company and management are fundamentally sound and undervalued IMO. Conclusion: might take me a while, but I have a feeling this will offer triple digit returns by yearend.

To: Sportfish who wrote (430)	6/10/1999 10:35:00 PM
From: Ms.Penny	Respond to of 720

Hello Sportfish: I remembered you responding to me about what to do with caol as I had bought it originally at $1. I believe that it will take time for the stock to move upwards. I read a very interesting article (my brother-in-law had it) about the market makers getting shares for dirt cheap. They have lots of patience, and will keep driving the price down to accumulate. They know that many of us don't have the patience to hold and will eventually sell at a loss. I bought 6000 shares at $1 and bought 2000 more at 5/8. Will hold for long term. Good luck to you whatever you do. Ms. Penny