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Non-Tech : CAOL: The Chinese AOL and Internet Lottery -- Ignore unavailable to you. Want to Upgrade?


To: Lynn Goodman who wrote (45)5/5/1999 5:23:00 PM
From: $Mogul  Read Replies (1) | Respond to of 720
 
CAOL, hello wake up or shake up$$$ MM's are really accumulating they are sooo Greedy. so anyone want to make a stab when the Chinese Internet companies will make a Run again ie. 9XNET, IMOT, CAOL, GCHC, etc) GCHC looks like it is going to blow soon 9nest few weeks, as for the rest end of May, early to mid June is my take??

anyone

$Mogul



To: Lynn Goodman who wrote (45)5/5/1999 6:52:00 PM
From: Investor Clouseau  Read Replies (1) | Respond to of 720
 
Hi Lynn!, I'm just waiting too. ;)...IC...eom



To: Lynn Goodman who wrote (45)5/6/1999 11:30:00 AM
From: Dave Gore  Read Replies (2) | Respond to of 720
 
GOOD NEWS..... the kiosks they are buying for the lottery are already up and operating in an Intranet capacity. They just have to convert them to an Internet based network.

I didn't realize that. I thought they had to be placed.

GOOD NEWS 2: CAOL has the cash in the bank to move forward with the purchase of the first 200 Kiosks. They are simply seeking a legal opinion now and making sure of that they properly maximize the next strategic move. That's the responsible "do things right nature" that the CEO has.

GOOD NEWS 3: When successful in this first city of 8 million with establishing themselves as the Internet Kiosk experts, other licenses and other alliances to move into other cities and to finance additional kiosks will be granted

BEST NEWS 4: Profitability is coming much sooner that I anticipated, because their Chinese ISP folks they are aligned with and the 200 kiosks are BOTH already in place...and the Chinese Government loves lotteries, since they finance Sports and Welfare programs.

Remember that their 6% cut of each lottery bet (Chinese spend about 22 cents US per bet to win 1/4 mil)