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

To: Dave Gore who wrote (124)	5/9/1999 1:25:00 PM
From: Mike Perras	Read Replies (2) \| Respond to of 720

Dave: Ask Michael Dell about China, he'll be there & that's all the confirmation I need. The west is moving east in large business numbers. They must know something & they'll all be first in. Mike

To: Dave Gore who wrote (124)	5/9/1999 1:30:00 PM
From: Mike Perras	Read Replies (1) \| Respond to of 720

Re Dell in China: ROUND ROCK, TEXAS, Aug. 20, 1998 -- Dell Computer Corporation (Nasdaq:DELL), the world's leading direct computer systems company, announced today it will begin direct sales and technical-support operations in nine metropolitan areas of China, including Beijing, Shanghai, Guangzhou and Xiamen. "China is an important market for Dell, now and in the future. By going direct, we're giving Chinese customers a new and simpler way to buy computers directly from a company that designs and builds relevant, leading-edge systems," said John Legere, president, Dell Asia-Pacific. Dell also said it is beginning direct sales in China through its Internet on-line store in both English and Chinese. Dell expects the computer-systems market in China to grow strongly, pushed by relatively low current penetration, continued investments by global multinational companies and prospects for long-term economic progress. According to industry analysts, sales of systems in China will more than triple by the year 2002, to 10.6 million units annually, making it the largest market and one of the fastest growing in Asia-Pacific. IDC forecasts a compound annual growth rate of nearly 30 percent over the next five years. Dell will provide service to the Chinese market through its new integrated sales and manufacturing facility and customer call center in the southern coastal city of Xiamen in Fujian Province. Modeled on Dell's successful Asia-Pacific Customer Center in Penang, Malaysia, the 135,000 square-foot China Customer Center has already begun operations and will initially employ 200 people. The center manufactures systems and provides sales, service and technical support for customers in the Chinese market. Dell's Asia-Pacific operations, with headquarters in Hong Kong, currently covers markets such as Australia, India, Indonesia, Korea, Malaysia, New Zealand, the Philippines, Singapore, Taiwan and Thailand. Dell opened its 238,000 square-foot Asia/Pacific manufacturing facility in Penang in January 1996.

To: Dave Gore who wrote (124)	5/9/1999 1:48:00 PM
From: MakeMoney	Read Replies (2) \| Respond to of 720

To "Dave Gore". Sir - with all due respect - you have TOTALLY MISunderstood and MIScontrued what my prior posts about China have actually been "all-about". i never said - or even implied - that the Chinese economy was not going to become a huge economy and that Chinese GOVERNMENTALLY owned and operated companies would not be making a lot of money for the Chinese GOVERNMENT!! actually - i KNOW that this IS going to happen and, if fact, is already happening!! remember - i am - basically - a "business" man. that means that i study these "things" for a living. however - that is the whole "point" of what i have been trying to say to you. the "big" question that needs to be answered - and (BTW) one (1) that you have - so far - TOTALLY failed to answer - is WHO WILL GET THE MONEY (profits) - the "private sector" or the "public (governmental) sector"? (IOW) where - to whom - will all of the profits from these companies be going - to the PRIVATE (American) stock market investors or - much more realistically - entirely to the Chinese government to "dole-out" to their people - and in a "proportion" that the GOVERNMENT decides is a "fair" amount of profit to "dole-out" to the people AND FOREIGN INVESTORS of these Chinese businesses? this is PRECISELY the question that you had better really think "long and hard" about - my friend!! unfortunately most American stock market investors - in fact, most Americans - have absolutely NO idea at all what it is like to "live" and/or INVEST in a governmentally "controlled" society. we are all - thank God - so use to enjoying SOOO many freedoms - "paid-for" (BTW) literally via the blood of our fighting forces (both men and women) - that we simply cannot conceive of - or relate to - what it is really like to "live" (exists) under such a very brutal and totalitarianly controlled government whose extremely harsh doctrines and dictates are "militarily" enforced upon the people ON A DAILY BASIS!! trust me - you would most definitely NOT want to "live" this way and i honestly do believe that once you seriously "step-back" and really - REALLY - think about what you are doing with your money that you will intelligently - and MORALLY - decide that you do NOT really want to INVEST this way either. take care.