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Microcap & Penny Stocks : The Hartcourt Companies, Inc. (HRCT) -- Ignore unavailable to you. Want to Upgrade?


To: funincolo who wrote (1427)11/10/2000 10:34:32 AM
From: Investorman  Read Replies (2) | Respond to of 2413
 
funinco - I don't know if he is lying or is just too dumb to know the difference... it comes out the same either way I guess.



To: funincolo who wrote (1427)11/10/2000 12:40:07 PM
From: StockDung  Respond to of 2413
 
In response to your note and your questions CHUMP:

I have not been to China, nor do I plan to, until the Communist regime is exorcised. (I'll go when the ROC flag flies over all of China :-)

We are lucky enough to live in a country where students, regardless of university, political stance, area of study, etc. are free to speak.....Can students in China say the same. As a student, were you not, and are you not disgusted at how the Communist forces ran over their own sons, daughters, brothers, sisters and friends in Tiennamen?

As for the economic situation in China?

China is, as measured by per capita GDP, POOR. According to the data I was using when I made my remarks, per capita GDP in China (1998 numbers) is a PALTRY $3,600

Certainly, some in China, cronies of the Communists among them, are rich, but with Per Capita GDP so low, a great majority have to, using basic math, be POOR. Looking at it from a more advanced angle, one could argue that a simple arithmetic mean OVERSTATES the wealth of the average Chinese citizen. But, for the sake of argument, I will grant you the $3600 figure.

I agree China is physically a big place. I agree China has ALOT of people....but China's Per Capita GDP (a well regarded and well used stat for measuring wealth of a nation) is MINISCULE. This is not being Ignorant, this is being ACCURATE and REALISTIC.

The fact that China is a poor country in drag is why I take the contrarian view about economic opportunities IN China. (I am also very bearish on economic opportunities in the subcontinent as well, but that is another issue). I have a bearish view on HRCT for different reasons

Further, to tackle the issue of the trade agreement. It will certainly have an effect on textiles, and toys, and other labor intensive goods.

However, how can it have any effect on the information industry, IMO, in a country where the flow of ideas is INTENTIONALLY stifled. Remember the "Cultural Revolution"? Who were the victims? Remember the Great Leap Forward" (ha, what a misnomer)? Who were the victims? Red China's Government has survived by exterminating, jailing, ridiculing, and harrassing the intelligentsia, the very folks who would be the early adopters of internet technology.

BTW, I cannot remember the name of it right now, but I did read a great interview with a writer who argues that China is not even a military power, let alone a economic one, and he had some very interesting things to say on those subjects, basically coming to the conclusion that China's perceived economic and military might is just a "Potemkin Village". I have heard the same thing from friends in HK, both native and ex-pat.

CHEERS CHUMPS!!



To: funincolo who wrote (1427)11/11/2000 1:47:40 AM
From: stockemup37  Read Replies (1) | Respond to of 2413
 
Truthseeker
You say that you have done your DD on Hartcourt, I seriously don't THINK you have. I suggest you call Thinkersgroup yourself and ask about the technology Hartcourt will be marketing exclusively in China and Hong Kong.
Let's see so if Computer Associates and any other company for example is selling this technology, which they are in a big way, companies like Computer Associates will now have to get the technology from Hartcourt, not bad. If you doubt what I say, call for yourself. This exact software is not offered by anyone else on the market. See the sad part about this, Truthseeker is that you made a statement in a news letter and it is difficult to change your mind once in print. I would like to say thank you for supporting PALM in your news letter, which in turn is Thinkers and Hartcourt.

Truthseeker in the link that I have included below, you state that HAND is a clone maker of Palm, which signed a 5 year exclusive agreement with Palm and I agree. The fact of the matter is that Palm is a partner with Thinkersgroup and has invested in Thinkersgroup's software as well as the company. The biggest and best thing about THINKERS software is the compatibility to both HAND and PALM. Thinkers really hit this one on the mark, being able to deploy web to wireless in 15 minutes setup time. No other software on the market can do this. The ability to let companies make changes to their own web sites that will show up on wireless in a second. The fact that Thinkersgroup's software is in Japanese and Chinese will really help Hartcourt market this product. This will be something you will find out when you call the company in doing your DD.

ragingbull.altavista.com

Homework for Truthseeker.....Take a look at these links and then call the company at 1 631 940 0029
thinkersgroup.com
thinkersgroup.com