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

To: MakeMoney who wrote (86)	5/8/1999 3:07:00 PM
From: Mike Perras	Read Replies (1) \| Respond to of 720

MakeMoney: Can appreciate you might be just a little paranoid about CAOL, best advice is simply avoid buying it. The big guys at CAOL are well connected on that side of the world, that means alot to me. Let's see where Dave's DD takes us, his research thus far on many other stocks has been very thorough & very $$$ successful. Best to ya, Mike

To: MakeMoney who wrote (86)	5/8/1999 3:08:00 PM
From: JoeinIowa	Respond to of 720

MM, Excellent questions(if you can shorten them) to ask the company. I believe I read that have extensive contacts in China and some long term relationships already established. Send in your questions to Dave and he can assemble. I think(hope) that the more information that is brought out about this company the better off the shareholder will be. I'll be PMing my questions to Dave before Sunday night and I hope the rest of you do also. Joe

To: MakeMoney who wrote (86)	5/8/1999 3:31:00 PM
From: Investor Clouseau	Read Replies (3) \| Respond to of 720

MakeMoney, you have raised some legitimate questions. However, it is well known that China wishes to become a full member of the World Trade Organization (WTO). Search WSJ, CNN, or any on-line news organization and discover how extensively the Chinese a lobbying to become full members. The Chinese know that the long term benefits of being full members far outweigh any short term gain of nationalization. Nationalizing companies is not an excepted method of resolving trade disputes within the WTO. If the Chinese actually were intent on quick profits, why haven't they nationalized all of Hong Kong? Instead they have used it as a model for other provinces! They are creating a hybrid state; a capitalist country with a massive central government IMO. The old paradigm does not apply to China, just as it no longer applies to Russia or any of the other former Eastern Block countries. www.WTO.org, for more info on regulations Hope this helps, IC

To: MakeMoney who wrote (86)	5/8/1999 10:52:00 PM
From: Dave Gore	Read Replies (1) \| Respond to of 720

WOW! I think you need to read up a bit more on the "New China" and how anxious they are to be fully accepted as a world trading partner (WTO). The Government can still be unpredictable, but the fears of them nationalizing and messing up Hong Kong's economy were greatly overexaggerated. Remember how worried everyone was? I will be publishing a full report. But if I am not mistaken there is quite a bit of American investment there. In fact Motorola has been doing cell phone business with the Chinese for almost a decade. However, this is a very good topic for the CEO to discuss and he is very conversant on the rewards and challenges. The great thing is that CAOL is EARLY, and if this works as well as we all hope it will, CAOL WILL be one of the dominant forces in E-Commerce as well as the lottery. One good thing is that Bruce is using actual Chinese contacts and employees and offering them performance incentives. Their ISP provider is run by a Chinese Businessman with a business degree from an American University. He did tell me that the Chinese E-Commerce area is expected to be $5 BILLION DOLLARS within the next 5 years according to stats. He is faxing me a great deal of information. You will all be impressed with him. Now, is CAOL risky? I suppose but the prospects of a well run company with excellent management and contacts with both an Internet Lottery and ISP/E-Commerce connection in a hugely growing country with virtually no comptetion versus 99% of the "me-too" E-commerce companies here in the U.S. who are battling it out. Also they are withOUT a lottery revenue stream, and without a prayer for future profits. REMEMBER: the Chinese also have a stock market now. Get my drift? Do you think CAOL may end up there as well on day? LOL! Yes, this is an easy choice for 10% of my portfolio, and you know I rarely invest on a whim. PS-- remember it is up to each and every one of you to do some DD and upgrade your knowledge in any company you invest in.