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To: Francois Goelo who wrote (466)	4/19/1999 12:04:00 AM
From: strtrset	Respond to of 1567

Francois: Check out last couple of Yahoo finance news releases. HK stocks moving higer with institutions looking for internet/telecom companies-it mentions HK telecom as one. These articles just keep feeding the fire.

To: Francois Goelo who wrote (466)	4/19/1999 12:44:00 AM
From: SteelerStu	Read Replies (1) \| Respond to of 1567

KYOM - from Dave Gore To: Mr Metals (42 ) From: Dave Gore Monday, Apr 19 1999 12:32AM ET Reply # of 45 NEW INVESTORS: * KYOM PROFITS COULD BE BIGGER THAN I REALIZED * Yes, gang, I AM on vacation in Hawaii, but I had a lot of time to think on the 8 hour plane ride and sat right next to a good Chinese friend of mine and we talked about KYOM in depth. Take a look, the profits could be much bigger than anyone is thinking ... even the CEO is being very conservative. ****** FOLLOW MY LOGIC AND HEY, FIND FAULT WITH IT *** In fact, I am serious, because I come up with a valuation as high as $20+ dollars per share over the next 12 months.... am I wrong? I do not mean to hype at all, but this seems reasonable to me. HERE GOES: KYOM is real intriguing in that while not without risk, the Lottery System that they have developed with the approval of the Chinese Government will net them lucrative profits... a 6% cut of every transaction of every lottery they do What's even better is that their overhead is only 1% or so they * apparently NET 5% PURE PROFIT! * according to the CEO, who remember was a highly respected International Fund Manager with tons of Asian clients, which is how this whole idea started many months ago. So in their initial lottery target area of Sichuan Province with a population of 100 MILLION people who LOVE to gamble (btw, asians gamble way more than we do in the U.S.), the NET PROFITS could be extremely impressive. HOW BIG WILL THE PROFITS BE? Let's be CONSERVATIVE and say that when things get rolling, that there will be lottery entries of $10 MILLION PER WEEK (i.e that's 10 cents per person per week). OK, so $10M per week x 5% profit = $200,000 per WEEK PROFIT for KYOM = PROFITS OF $10,400,000 per YEAR Divided by 8.5 million shares = EPS of $1.22 per share x PE of 20 (average for the industry is 28) SHARE PRICE BASED ON ABOVE = $24. CAUTION: I could be way off, but one thing I am not off on is that the Chinese are gambling maniacs. I have several dozen Chinese friends and contacts, and have run the figures by some of them this weekend. * Plus guess what happens if their lottery is so successful that the Chinese Government grants them additional licenses in other parts of China? In fact remember that Chinese outside Sichuan Province can play the lottery if they have access to a computer I understand, but I am not even counting those customers at all. I am only counting those gambling via the public Lottery Kiosk machines that KYOM is installing. ALSO, remember the Chinese Government already granted KYOM one of 4 licenses in the Sichuan Province of 100,000,000 people as an Internet operator. And the Chinese Governement loves lotteries as a means of raising money for sports and welfare program. If everything breaks well, we might have a real winner in time. Again, please do your own DD. This is a specualtive stock with risks, but a real promising one, imo. Again, a really nice REWARD TO RISK RATIO. DAVE (checking in will on vacation)