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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Connor26 who wrote (61490)9/15/1999 9:30:00 PM
From: gaj  Read Replies (1) | Respond to of 120523
 
china.com - with this stock, don't forget, it had a big run-up in sympathy with IIJI...you could make a good case that, *independent of the chinese gov't saying anything*, if IIJI doesn't run, china.com would be at this price.

(i'm not saying anything about the fundamentals or 'proper' pricing; just relative to its price last week and the market's movements).

i wouldn't touch it with options, much less the stock...



To: Connor26 who wrote (61490)9/15/1999 9:39:00 PM
From: nokomis  Read Replies (1) | Respond to of 120523
 
CHINA - I wouldn't even consider it at this point .. no one knows where the bottom is...



To: Connor26 who wrote (61490)9/16/1999 12:56:00 AM
From: Ellen  Respond to of 120523
 
China Cuts Telecom Investment 20% as Revenue Falls With Tariffs

By Peter Harmsen at Bloomberg News

14 September 1999

China plans to cut its investment in telecommunications networks and equipment by a fifth this year to 120 billion yuan ($14.5 billion), saying tariff reductions are eroding revenue.

China invested about 150 billion yuan in telecom businesses last year. The reduction comes as revenue from new subscribers dropped by as much as 8 billion yuan since March, when tariffs were cut, said Wu Jichuan, the Minister of Information Industry.

About half of the 120 billion yuan to be invested in telecoms this year is expected to be allocated to mobile phone networks and equipment, reflecting rapid growth in that industry. China now has 36.2 million mobile phone subscribers, up from 25 million at the end of last year, Wu said.

China Telecom, which plans to turn its mobile unit into a separate company, accounts for 32.9 million subscribers, while China Unicom has 3.3 million, Wu aid.

The ministry's plans mean investment in telecom networks and equipment will have to be accelerated through December. Through August, investment totaled 55.3 billion yuan. Another 64.7 billion yuan must be invested during the last four months of the year to meet the target.

Copyright 1999, Bloomberg L.P. All Rights Reserved.


totaltele.com



To: Connor26 who wrote (61490)9/16/1999 12:58:00 AM
From: Ellen  Respond to of 120523
 
Singapore Lifts Limit on Foreign ISP Ownership

By Linus Chua at Bloomberg News

3 September 1999

Singapore's telecommunications regulator said it's doing away with the limit on foreign ownership for Internet service providers from 49 percent in a bid to draw more international players.

Singapore opened up its Internet market in October to an unlimited number of operators but only one license has been issued since. The three present players are Singapore Telecommunications Ltd., Pacific Internet Ltd. and StarHub Pte.

The move is expected to rekindle interest among global companies, such as MCI WorldCom Inc. and Cable & Wireless Plc, which are keen on Singapore's Internet market but want a controlling stake.

"The industry feedback is that it is difficult to find suitable local partners," said the Telecommunications Authority of Singapore, adding that "this will allow the entry of new foreign player who will stimulate market growth and help to realize the full potential of the Internet market."

Singapore has received global attention for its efforts to be the first country in the world to wire up every household and office through a broadband network that speeds up Internet access by 50 times to 100 times. A quarter of the island's 4 million residents access the Internet at home, work or school.

Cable & Wireless, U.K.'s No. 2 phone company, is in talks with Singapore-based Flextech Holdings Ltd. to set up an Internet service provider. Flextech said it expects to hold about a fifth of the company.

MCI WorldCom, the second-biggest U.S. long distance carrier, won regulatory pproval to provide Internet exchange services in Singapore two months ago. It also indicated that it wants a controlling stake in any Internet venture.

Singapore also removed the 49% foreign ownership limit on Internet exchange services. MCI was given special approval to fully own its Singapore venture, an option that the regulator may open to other global players.

Copyright 1999, Bloomberg L.P. All Rights Reserved.


totaltele.com