Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Grainne who wrote (588)	3/18/1999 3:55:00 PM
From: johnlag	Respond to of 781

Gotcha... She's trying to break the 5 resistance... :)

To: Grainne who wrote (588)	3/18/1999 8:19:00 PM
From: Jamon	Respond to of 781

Christine: You are too good to be responding to some of these boys. Save your energy for the DD. Here are some things to consider: (i dont have time to give all the figures to back this up, but you can read the threads if you are really interested) IMOT, GTCI and XNET are three OTC companies - ISPs in China. In my humble opinion, all three are just about equal at the moment. xnet and gtci are allegedly well run and trying to manage and develop a serious business. xnet makes more money than imot. so why is imot more expensive? imot was about the same price as the rest a couple of weeks ago. The price jumped through the roof when the imot personnel began to tell anyone that called that they had some big announcement brewing. They told any joe or gill who called that they were up to something. I can imagine that they also told their big investors the same thing. They hinted (did not say conclusively) that they might be negotiating with amzn and other big names. This started the run on the stock and some of us were lucky to make a lot of money by cashing in- me included. IMHO, it seemed to me that the company, by hinting at an announcement was hyping its own stock. SEC regulations are that all investors should have a fair chance at receiving "material" information more or less at the same time. IMO, what the company did was wrong. If you go back to the beginning of this thread, you will see people reporting on their conversations with the company. I think that the imot run helped xnet get a good run by the end of last week. Some of us made money here too. gtci's price was not affected (i dont know why)- so some of us did not make money here. ha ha So, in conclusion: -if you short imot, you may get stung if they come out with an announcement stating they are now parnered with amzn and other big names. - if you buy long, you may have to stay long. I think xnet is a much better buy at the moment. gtci will also have its day in the sun in the coming months. imot will still be good for daytrades when they come up with an announcement. I hope this is helpful. I have to go do my taxes. And please, dont hurt my feelings by responding to some of these boys... just kidding. But horrible things have been said to me when i make bearish interpretations. The best way to stop it is to leave them hanging. And I admit, this is hard to do.