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

To: ztect who wrote (863)	2/24/1999 2:39:00 PM
From: Tim Callaghan	Read Replies (2) \| Respond to of 1541

ztech, Why are you constantly attempting to take eveything out of context and paint the whole nation in such a broadstroke ugly light. I think you are underestimating our intelligence by assuming that we do not understand that there are definitely potential risks and pitfalls in a young company doing business in a country that's in the middle of f a monumental transition from state planned economy to a much more capitalistic, free-enterprise economy. However, there is no denying that China's economy is the fastest economy in the world and the telecom sector is growing at five times the rate of the national economy making it the fasting and potentially the most lucrative telecom market in the world. According to Time Magazine: " There are obstacles to overcome in the China telecom market between now and 2010. But the two biggest-- are fading. Last year, Chinese purchased 2.1 million PCs, up from 190,000 in 1992. When figures for 1997 and 1998 are in, PC sales should top Japan's and by 2000 China will be a Bigger market than the US. Telephines are also proliferating, from 70 millions in 1995 to 100 million today. And China is busy installing a sophisticated iber network that rivals anything in the West. The government has invested $28 billion on more than 100,000km of optical fiber that now links 85% of the country." Also, a recent article from Newsweek quoted that a trans-Pacific submarine fibre network has been laid to connect US to China. The project is one of the most advanced networks in the world and when it is fully operational it will be able to transmit 2 terabits of data between the two countries every second(two trillion bits/sec). It is not difficult to assume that all the investments in the telecom infrastructure willonly point to a staggering growth of bandwidth and as a result, in lowering the costs of telecom services in China which will make it much more accessible to the average Chinese. In addition, the fibre-optic link-up between the two countries is a true indication that the two nations are anticipating a substantial increase in the transmission of data whethe in the form of data, voice, fax, multimedia, leading to increasing trade and more open commerce between the two countries. It is also not difficult to make the assumption that GTCI as a US based company with operations in China and Asia can only stand to benefit from the technological shift. In response to the management of GTCI, aside from Kennedy, the rest of the directors have extensive experience in both doing business in US and Asia. Prof. Lai is recognized as a leading world scientist and is credited with heralding a number of telecom projects in China. Wong and Michael Wang are both highly educated in the West and also have extensive firsthand knowledge of doing business in China. Therefore, ztech, please spreading false rumours and propaganda without getting some of your facts straight with only the intent of instilling fears and incertainty in people in order to further your own agenda.

To: ztect who wrote (863)	2/24/1999 2:52:00 PM
From: DARPA	Read Replies (1) \| Respond to of 1541

ZTECT - speaking out of turn, but in regards to your comment please explain to me how GTCI is going to realize the earnings as put forth by their paid for analyst WSRG. QUOTE 1 ... "On February 15th the official 'China Daily' newspapaer reported that Microsoft had won $100,000 in a private lawsuit against two companies that copied software for their own use - the first such case in China." [The Economist, Feb. 29th, 1999 - p.64] POINT 1 ... The Chinese Government is finally allowing/supporting a CLAMP DOWN on illegal piracy/copying of software. QUOTE 2 ... "Microsoft reckons that business piracy accounts for at least half of its losses in China." [The Economist, Feb. 29th, 1999 - p.64] POINT 2 ... Half of China's business desktop software has NOT been paid for, is therefore unregistered, and therefore probably not current, ie. non-y2k compliant. Maybe this applies to Government desktops as well. So, the Chinese government is probably being forced to realize the errors of it's ways and has more than likely agreed not to repeat the mistake of allowing software to spread unchecked (like a plague). Furthermore, "by the end of 1997 it [China] had raided 70-80 pirate CD factories on the mainland". CONCLUSION: I'll suggest that Y2K software sales could amount to significant contracts ($Millions per contract maybe) with enormous profit margins. So, Y2K software sales maybe a small part of where GTCI "is going to realize the earnings as put forth by their paid for analyst WSRG". Who knows, maybe they expect it to account for all of it's first year's profits. I guess it depends on how well the stuff sells - again, I think it's a good risk investment. The Y2K bug waits for no one even China. Ticktockticktockti NET: If we see some sales, this stock is going up.

To: ztect who wrote (863)	2/24/1999 2:54:00 PM
From: A_Greenwood	Read Replies (2) \| Respond to of 1541

Who is winning the battle? In my opinion the longs are winning. From my viewpoint and probably anybody else tuning into this thread there are definitely two sides: the people that hold the stock (longs) and the people that sold the stock short(shorts). This seems to have created a nasty tug-of-war. But the fact remains,the stock has held it's ground through all this bashing, trading at $1 3/8, which is not far from it's 52 week high of $1 11/16, this tells me there is good support for the stock and that for all the shorts efforts they have come up short. (Ha! no pun intended). Also shorts have to cover their position eventually by buying the stock back. Remember all the articles of people trying to short Yahoo,Amazon and other internet stocks only to have to cover at much higher prices. The question is: At what price will the shorts cover?