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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (5239)	2/9/1999 4:16:00 PM
From: Jim Spitz	Read Replies (1) \| Respond to of 11130

I got out of GTCI at under a buck. jimS

To: Wayne Rumball who wrote (5239)	2/9/1999 5:42:00 PM
From: speedbird	Read Replies (1) \| Respond to of 11130

Rosy colored glasses? Nice report of GTCI - no doubt. I'm not wishing to be negative, but, where was the risk assessment? What about the competition? What about the fact that China has been on the verge of economic collapse? The Chinese government are actively (and very rightly) covering up the huge unemployment problem, gross labor inefficiency, under capitalised infra-structure problems and , social unrest is seriously in the making. Foreign Investment has been substantial but few companies are making big profits in China, many are re-directing resources to safer markets like eastern Europe). Whether many chinese will be on-line in hurry remains to be seen. The Government don't want the freedom that comes from the internet as it undermines their position to control the transition to free market. I like the outlook for GTCI, but the risks are there. Seems like the message from the report is invest in DRAM memory!!