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Microcap & Penny Stocks : GTCI - get in before the news hits -- Ignore unavailable to you. Want to Upgrade?

To: ZenFAUST who wrote (808)	2/23/1999 8:33:00 AM
From: Fuza	Read Replies (1) \| Respond to of 1541

Good news folks..... ************************************************************ How to Play the Internet's Biggest Potential Market February 22, 1999 2:59 AM PST By Amy Bickers Special to worldlyinvestor.com According to Big Brains Limited, a Hong-Kong based research company, nine million people in China will be online by the year 2000. There are other signs of growth as well. Content, for instance, with tremendous growth in China's .cn and .com.cn domains, is sprouting up everywhere. With Internet stocks such a sizzling sector in the US, you may be wondering if it's time to plow some cash into China's burgeoning wired world. Analysts say it's an interesting prospect, but for now, there is one major barrier: the Internet is considered part of China's telecommunications industry and the vast majority of it is in state hands. Of the many ISPs (Internet service providers) and ICPs (Internet content providers) in China, not a single one trades publicly. That goes for local Internet portals as well. But, if you think the Internet has terrific growth potential in China, there are ways to invest indirectly. A number of American companies are betting big on China, and you can easily buy their shares. They include Intel (quote, chart, profile), Yahoo (quote, chart, profile) and Microsoft (quote, chart, profile). All are involved with trying to encourage Internet content growth in China. European mobile phone giants Ericsson (quote, chart, profile) and Nokia (quote, chart, profile) are also investing heavily in China's wired world. They're selling and installing Internet networks in China. Nortel Networks of Canada (quote, chart, profile) and Cisco Systems (quote, chart, profile) of the US are doing the same. It may come as a surprise to many western investors that China's Internet is blossoming. While Beijing does its best to control most other forms of media, right now the Internet is fairly unregulated as a new medium because it is still so new. However, the government has banned some news sites that originate overseas and it has taken steps to stop the distribution of news related to dissidents' activity. But in general, the Chinese government is giving strong support to the development of the Internet. It has invested $10 billion in building telecoms infrastructure, much of which will benefit the Internet. The government says it plans to sink in another $50 billion by the 2001. There are a number of government sponsored Web sites as well. There is another way investors can potentially benefit from the growth of China's Internet market. Buy a mutual fund that invests in China's PC market. The desire to go online is a main factor behind explosive growth in this sector. Legend (quote, chart, profile), China's largest PC seller, reported a 73% jump in sales from 1997 to 1998. E-Commerce and China Another potential investment would be in e-commerce, companies offering goods and services for sale over the Internet in China. Some predict Chinese Internet users will eventually go on a cyber-spending spree. But for now, the lack of a credit card verification system makes it almost impossible for people in China to shop online. Another obstacle is telephone penetration, at just seven phones per 100 people. Poor telephone line quality is also a hindrance. But anyone who visits China these days will marvel at the incredible pace of development, so these problems could soon be solved, paving the way for more growth in China's small but expanding Internet market. It's a market many investors will want to keep an eye on, especially with Internet stocks in the US too pricey or volatile for many. Amy Bickers is Asian Economics Correspondent for Voice of America, a former reporter and anchor for CNBC Asia and Hong Kong-based Wharf Cable, and a business news producer for CNN in New York and London. ********************************************* I own quite a few shares of GTCI. But I haven't visited the thread since it was invaded by a couple of BIG-HEAD FLIES. I don't have time to read those BS. This stock will do fine in a couple of weeks. When the stock goes over $3, the shorters will have to cover their shames (oop, I mean their "shorts"). BTW, watch what is going to happen with PCBM, which just happened to be my another BIG holding.......