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Technology Stocks : IMOT, the Yahoo of China?? -- Ignore unavailable to you. Want to Upgrade?


To: Donschw who wrote (136)3/3/1999 6:28:00 PM
From: Cytotekk  Respond to of 781
 
"What's to prevent Yahoo?" May I suggest that you call Yahoo and ask them why they are not interested in China.

Perhaps they are too busy with Japan and other endeavors to be bothered with China.

Fact is, IMOT is taking care of China search engine needs and Yahoo is not.

Colleen in Orlando.



To: Donschw who wrote (136)3/3/1999 6:45:00 PM
From: Chris O'Keefe  Read Replies (3) | Respond to of 781
 
<<What's to prevent Yahoo from going to China>>

First of all, Yahoo doesn't have the market cap that IMOT has.

::Pause::
::Pause::
::Pause::

Ok, back to reality: For now, at least, only 6 or 8 internet companies have a license with the Chinese government. Not saying YHOO couldn't get a license, just that IMOT would have a head start. Besides, Yahoo's "buddies"--Exite, Lycos and Seek--are all prospering, so IMOT could prosper even if Yahoo went to China.

So, we've got an internet portal company that is already making a slight profit and the "bet" is, will they continue to prosper?

Plenty of risk here, yes, but there are some bright spots as well. I like this stock, but it's the dangest thing: I can't tell if we're going to $2.50 tomorrow or $3.50. This stock's so volatile, I'm sure it's going to be one of them--but I can't tell which!