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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?


To: Matt Brown who wrote (1288)5/18/1999 11:01:00 PM
From: Gene Reardon  Read Replies (1) | Respond to of 5041
 
Shanghai, May 19 (Bloomberg) -- China gave state-owned China Unicom, its second-largest telecommunications carrier, permission to become the country's fifth Internet service provider, the China Securities newspaper reported, citing the State Council, China's cabinet. The newspaper said the service will commence at the end of the year.

FM, could you explain this - who are the 5? Is this just in Shanghai?

Could you also address the issue, with WTO entry, could AOL or MSFT just come in and take over with their vast experience and assets.

Thanks. GR



To: Matt Brown who wrote (1288)5/19/1999 8:52:00 AM
From: Robert Bolton  Read Replies (1) | Respond to of 5041
 
FYI For those interested in China internet, Bloomberg
featured it on their Web Frontier this morning and although
I didn't hear any stock picks they did mention that there
was 2.5mil internet users last year and expect 5mil by
year end, not 30mil some are guessing at.