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


To: DavidMW who wrote (503)3/15/1999 1:05:00 PM
From: johnlag  Read Replies (3) | Respond to of 781
 
Good luck to you. I covered half my position at 6 3/16. I'm going to ride the other 1000 short and see where we go.

Doesn't it make you nervous to be long a stock that has gone from $2 to 10, now at 6. Long term potential is a possibility, but who knows the financial situation when this company is non-reporting. Or structure, or whatever. You just have to take the word of 'management.'

Good luck to you.



To: DavidMW who wrote (503)3/15/1999 1:38:00 PM
From: Retired41  Read Replies (1) | Respond to of 781
 
David, get a little pragmatic and professional and explain how you see a long term potential in IMOT.

Remember how microscopically small they are. Meaning here is that a tiny Hong Kong provider is much larger than IMOT. Second, they still have poor fundamentals and no verifiable disclosure. No one I have contacted can even find their supposed auditor (Chu & Chu). Now why is that?

Go ahead and stay in for the long term, or go to Vegas and bet on roulette... not much difference, and a lot more fun. At least you get free drinks.



To: DavidMW who wrote (503)3/15/1999 2:34:00 PM
From: Mr. Forthright  Respond to of 781
 
<< we're talking about a chinese internet portal!>>

No we are not, you and they are.