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

To: Witold who wrote (231)	5/13/1999 9:58:00 AM
From: Dave Gore	Read Replies (2) \| Respond to of 720

Remember how we all look back at Dell, AMZN, and MSFT and say.....IF I had ONLY BOUGHT $10K worth when it was cheap? Yes, spectacular are possible if we are patient for a few months, and we should see a decent return from these levels soon, but who wants a nice return? I want a huge one!!! Why is that possible here? (1) CAOL, a canadian-based company, was awarded the first Internet operating license in a province of 100M people (and more licenses could come). They have an internet lottery plan and everyone in this gambling oriented society loves lotteries. There is a great advantage to being first. Remember Dell and Motorola are doing real well there. (2) They are also aligned with a profitable ISP provider in China and have a great chance to become established as a major E-Commerce player...just like Yahoo, or even an AMZN did in teh U.S when the internet here was in it's infancy (3) Think of Hong Kong when you think of China as well....HK is thriving, even now that it is under Chinese control. PS---lots of companies take money out of China....and they have been investing in China for decades Finally...is this a risky stock? Well, yes, but at these price levels...with this kind of promise...with them being first....and with the alliances and contacts they have....not very, imo and the REWARD to RISK ratio is HUGE upside in 1 year = $10-$20? 2 years = $50-$100? (if they execute well and the calculated risks work) downside = .25 - 1.50? THE CEO is VERY VERY SAVVY.... I cannot overestimate management quality... I strongly believe they know what they are doing and have many years experience here.