To: ztect who wrote (947 ) 2/25/1999 11:32:00 AM From: Tim Callaghan Read Replies (1) | Respond to of 1541
Ztech, Firstly, to answer your question on whether I'm associated with WSRG or GTCI, the answer is an unequivacal no. I'm merely an investor in GTCI who is absolutely sick and tired of the blatant relentless negative campaign initiated by people who clearly have entirely self-serving agendas other than altruistic ones. I for one, use my real name and do not hide behind a 'front' for fear of being exposed to the truth of your real identity and agendas. Secondly, I invest in this company because: 1. It is a speculative play with great upside potential-- I invest in many other US internet companies as well and they are all speculative plays except some are a little bit more mature than others. 2. Like it or not, China's telecom market is the fastest growing market in the world and in one of the biggest economies in the world period. Companies who are first in the door will undoubtedly reap the enormous rewards of this big lucrative market. According to GTCI's business plan, I truly believe they have a good chance of achieving their goals. 3. Barriers to entry to China's telecom market is still fairly high due to the government's rules and regulations on foreign ownership and opeation of telecom companies. Therefore, companies like GTCI who are early entrants to the market will have a leg-up on their competitors and will gain market share rapidly. 4. I believe that the Y2K problems we are facing are more serious than most people are lead to believe and this is especially true in Asia where governments and businesses are trying to play catch-up to become Y2K compliant. The cost of fixing them will be astronomical on a global basis. And based on my discussions with GTCI's management, they seem to be very aggressively marketing their Y2K products in Asia and will likely have some good contracts very shortly. 5. GTCI has solid mangement team with good experiences in doing business in China and realtions with the governement which is vital in doing business in that part of the world. 6. I like the scope of their business in Asia, ranging from ISP to providing other value-added prodicts and services such as system-integration, e-commerce, software development, etc. 7. I like their new JV/acquisition with PAI which will give them instant access to other Asian markets through many of the Asian development banks and their clients. Hey.. now that you made me think about it, I think I like this company even more..I think I'll buy more shares. On the question of whether I have examined their JV agreements firsthand, I have to be honest and say no. However, I have a portfolio which consist of roughloy 25 companies and I would probably have to spend every waking hour for the next month if I had to examine every one of these companys' contracts in order to verify their authenticity!! I think you are absolutely mad to suggest that! Ztech, now, you have been asked repeatedly why you are relently bashing this company with no just cause other than further your own self-serving agendas. I know what my agenda is - - it is to protect my and other investors' interests in GTCI from unscrupulous people such as yourself. And we're really not buying your lame assertion that your are some kind of 'stock nazi' out to protect the innocent grandmothers of the world! Sincerely, Tim