To: tylcar who wrote (115 ) 5/9/1999 1:17:00 PM From: Dave Gore Read Replies (3) | Respond to of 720
****READ*** IMPORTANT PROOF POSITIVE THAT CAOL's CHANCES ARE REAL: "By 2003, International Data Corporation projects China Internet commerce revenue to be around US$5 billion and the its Internet population will reach 16 million."asia.internet.com China Computer Giant Promotes E-Management By Hans Lombardo Managing Editor, asia.internet.com [May 6, 1999--GUANGZHOU] One of China's leading computer makers, Founder Group, is marketing its systems for China's growing e-commerce industry by promoting the use of e-management nationwide, according to the China Daily. The computer manufacturer, which sold 72,000 computers in Q1 this year, capitalize on China's government encouraged movement towards e-commerce. The general manager of Founder Computer Systems Co Ltd, Peiris Fung, told China Daily that by promoting 'e-management' the company was bettering positioning itself in the local and foreign markets. Fung said that Founder had in the last few years invested heavily in creating e-management systems for diversified end-users. The company got a capital injection of just over US$7 million for its customer and technical service section, and Founder plans to sell 400,000 computers in 1999. According to the company, it's manufacturing plant in Dongguan is capable of outputting 1 million computers annually. With the government promoting e-commerce in China and the country's growth potential, it's not a wonder that local companies like Founder are adopting an IBM-style marketing campaign to market their computers. By 2003, International Data Corporation projects China Internet commerce revenue to be around US$5 billion and the its Internet population will reach 16 million.