Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : China.com Corp-(CHINA) -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (415)	11/19/1999 2:48:00 AM
From: Brasco One	Read Replies (1) \| Respond to of 504

China.com CFO resigns, says going to Softbank HONG KONG, Nov 19 (Reuters) - China.com Corp (NasdaqNM:CHINA - news) CFO David Kim said on Friday he had resigned to join Japan's Softbank Corp , an Internet investment company. Kim, who helped oversee China.com's hugely successful public listing in July, said in an interview with CNBC television: ``I felt the time was right for my next challenge.' Kim, who had been with China.com for a year, said he had ``done my share of adding the value for shareholders that I promised coming aboard.' China.com, which listed in July on the U.S. Nasdaq, closed at US$93.375 on Thursday. Its initial public offering price was US$20. Kim said China.com's potential was tremendous, given the expansion of the Internet market in the region. ``Softbank gave me a once in a lifetime opportunity to roll out some of these (Internet) properties to Asia ex-Japan,' he said. He would be involved in fund raising for these companies and take them out to market as he did China.com. In a statement, Softbank said Kim was appointed its Executive in Residence for Asia operations. China.com made a net loss of US$4.4 million in the three months ending September 30, compared to a US$1.7 million loss in the same quarter of 1998. The company said at the time it was ``extremely pleased' with its performance, adding it made total revenues of US$5.2 million in the third quarter, up 455 percent over the same quarter in 1998. ``China.com will be a beneficiary of the tremendous boom that we'll see in the Asian Internet market,' Kim said, although he was vague when asked if his move could herald any sort of cooperation between China.com and Softbank. ``The Internet space in Asia is a very, very small market and anything...is possible. There's no definitive (plan),' he said. Asked about possible plans for China.com to spin off its Hongkong.com unit, he said: ``That is still in the process. It has not been finalised and no matter which direction that unit actually goes, I certainly wish the company the best.' (Note: this article is ``in progress'; there will likely be an update soon.)

To: $Mogul who wrote (415)	12/2/1999 4:02:00 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 504

Hong Kong Analyst Questions China.com Numbers; Cautions of China 11/30/99 16:3 (New York) Prosperity Holdings Technology in an Exclusive Interview with StockHouse.com NEW YORK, Nov. 30 /PRNewswire/ -- Top Asian Internet analyst Osamu Wilde of Jardine Flemming cautioned investors, in an exclusive StockHouse.com interview, about pageviews and/or hits claimed by China.com (Nasdaq: CHINA) stating, "I think quite a few of them are somewhat inflated. I think we might be a little disappointed." He was also asked about potential Asian misrepresentations and replied, "I'm looking forward to companies setting up third-party auditing. I think A.C. Nielson is doing a survey certainly for the Hong Kong audience this quarter some time." Wilde also blasted China Prosperity Holdings (Nasdaq: CPIH), saying, "These are the guys that are going to use VDSLs, a largely untested technology that's trying to beat the Telco incumbent at its own game. Have they rolled off anywhere? I don't think so." Wilde also warned that foreign investments in Chinese Internet companies may need to be reduced, saying, "There's sort of another conflicting argument which says that it has to be reduced below 50% or to 50%, at least." The entire interview will be available Tuesday, November 30, at 7 p.m. EST at stockhouse.com. StockHouse Media Corporation is a leading Internet financial media information service company providing breaking news about North American stocks via their Internet publication, StockHouse.com. With nearly one million visitors per month, StockHouse has emerged as a leading online financial-content provider. A subsidiary, StockHouse Canada, is the #1 Canadian financial web site, where an estimated 23% of Canadian online investors conduct investment research. StockHouse maintains offices in the United States, Canada, Australia, Hong Kong and the U.K. Media Contact: StockHouse Media Corporation Tel: 1-888-944-4494 Email: media@stockhouse.com SOURCE StockHouse.com -0- 11/30/1999 /CONTACT: StockHouse Media Corporation, 888-944-4494, or e-mail, media@stockhouse.com/ /Web site: stockhouse.com / (CHINA CPIH) CO: StockHouse.com; Jardine Flemming; China.com; China Prosperity Holdings ST: New York, China IN: FIN MLM SU: RTG -0- Nov/30/1999 15:48 EOS (PRN) Nov/30/1999 15:48 85 -0- (PRN) Nov/30/1999 16:03

To: $Mogul who wrote (415)	12/6/1999 10:35:00 PM
From: Bob Duncan	Read Replies (2) \| Respond to of 504

Mogul$ Good to see you here. Your opinion on a short at the 130$ level at this time? My feeling is it is a safe bet - I shorted today at 129 1/4. I rarely short internet stocks, but rationally, of the many bloated issues out there, this one seems like a good candidate, at least to hedge against my long internet stock positions of real companies with real futures (such as Yahoo, Net Perceptions, etc.) Any opinions? Would love to hear from longs too - are you long this stock because you believe in it or simply because "it is going up" Not that it matters too much either way, all longs are making money these days, but I am curious as I am trying to get a feel for the long term outlook here. Good luck to all.