To: Francois Goelo who wrote (5893 ) 12/2/1999 4:00:00 PM From: Sir Auric Goldfinger Read Replies (1) | Respond to of 10354
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