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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: Internet Jones who wrote (78428)1/11/2000 1:24:00 AM
From: Frederick Langford  Respond to of 120523
 
KOREA IPO Pick of the Week


Renaissance Capital's Pick of the Week
Korea Thrunet provides high speed Web access


By Renaissance Capital
Last Update: 12:31 PM ET Jan 10, 2000

GREENWICH, Conn. -- Once again, with the IPO market still on its winter vacation, our IPO of the week comes from the stellar class of 1999.

Korea Thrunet (KOREA: news, msgs) is the leading provider of highspeed, broadband Internet access in Korea.

Using its parent's cable network, the only major network in Korea, the company has already signed up more than 90,000 subscribers.

With exclusive access to more than 2.8 million cable subscribers, the company's growth prospects look very good.

In addition, Korea Thrunet has partnered with Microsoft, which owns more than 10 percent of its stock, to develop and commercialize broadband services throughout Korea. While the stock has already had a nice run, it is in a hot area with a top notch partner.

Click here for a free Renaissance IPO report