To: Charles Hogue who wrote (641 ) 2/16/1999 2:31:00 PM From: ztect Read Replies (1) | Respond to of 1541
Just a reminder...The Topic is GTCI ...not 'ztect".... First question Charles: Like Yang...do you believe WISHFUL THINKING is the same thing as due diligence? Come on Charles, WHY DON'T YOU ALL JUST ANSWER SOME OF THE QUESTIONS I POSED THAT DEAL DIRECTLY WITH THE LEGITIMACY OF THE COMPANY: GTCI???? Come on already SHARE some of your wonderfully 'dd', oops, I mean WISHFUL THINKING .... PLEASE...quit keeping all your wonderful reasons for buying this company's hitherto not yet unproven crap to yourself....... Come on, I said PLEASE Sincerely, ztect ============= Previous Questions to Yang Again what are the real and disposable incomes of the still small middle class? And what is being done to diminish what appears to be a widening gap between the haves and have nots? Furthermore...what other providers are there of ISP services to those of GTCI...and is , in essence, a still state controlled telecom agency still the most reliable one to invest in...or are there other solely and exclusively non-state owned businesses in which to invest? What is the impact of break-up of state controlled services on the industry's abilities to expand and extend services just out of the show case cities? What is he impact of such a break up on quote un-quote exclusive agreements done with private companies? What is the status of the current telephony broad band infra-structure beyond the show case cities? IS the expansion of such a system going to occur through foreign investment or through state subsidies? Does broad band even exist? How would you compare the economic impact of Germany absorbing what was a third world economy East Germany into an unified nation and the huge costs of infra-structure for Germany with a China that had very little or no infra-structure in place out of the show case cities and was until very recently largely an agrarian society? Did you grow up in one of the show case cities in the East and are you from a privileged upbringing relative to the vast majority of the Chinese who are NOT in the show case cities? How do you jibe the claims of the WSRG news release regarding y2k software....and the ability to generate any real revenue from this product due to the admiringly small market of computers (no more than what were extent in China prior to the early Pentium chips...which by your own figures and a few logical deductions can't be more than several hundred thousand PC's)? Don't you agree that a news release with exaggerated claims does more of a disservice to the company than a service? Plus what do you think of the Microsoft suit...that admits that though production of pirated software is down....piracy of software continues according to this news report quite widely.cbs.marketwatch.com "...Despite the relatively small damages ordered by the Beijing No. 1 Intermediate Court, the ruling may set a precedent for other software piracy cases in China, where most computers operate on pirated software...." Wouldn't this piracy also undermine any y2k sales? Thus Yang...disregarding any earning projections put forth in a news letter that didn't even assess the market (2.1 mil computers even if all attached via the same service if attached at all to the Internet which is high ) for either the ISP and especially not for the y2k product.... What do you see as the projected current EARNINGS for this company based on its current permeation in a very small albeit growing market? How many of this limited number of computers both in terms of actual number and especially as a percent of the population are actually connected through an ISP to the Internet? Don't you feel that the uncertainty of the China telecom's future is also a large uncertainty as to this company GTCi's immediate future? How long term is your INVESTMENT in this company? What are your projections for real growth? Are these projections based merely on speculation and the belief that this company will grow as the use of computers and Internet usage grows in China? Or do you have any real knowledge of the financial health, or lack of, of this particular company based upon the review of at least the 15s211 ? Any clue what is exactly meant by "exclusive agency/licensing agreement" and what this does or does not preclude other companies from forming an association with China telecom? Plus what exactly are the FINANCIAL terms of any of these "exclusive" agreements? How many shares are authorized? Outstanding? In the float? Who are the insiders? I.e.. those that own over 10%? By GTCI?...or any of its partners....Plus did any one call WSRG to find the exact terms of compensation for the report not disclosed? How long have you been investing? Were you at all involved in Hong Kong's markets before coming here as a student? Did you come here first as a student? Or Dissident? Or other? And is this therefore, your first taste of free-market capitalism? What do you think about the impending UN Sanctions against China for Human Right's abuses , especially regarding the crack down on "democratic" political parties still not tolerated by the ONE party ie. Communist Party state?