schrieb am 20.07.99 10:12:42
Hi,
da dieser Thread bisher eher wenig Interesse findet, d.h. wenige
Aufrufe als auch beiträge ist GTCI wohl nicht mehr im Fokus der
Boardteilnehmer.
Im Kursverlauf spiegelt sich das nachlassende Interesse eindeutig
wieder. Bei bisher spärlicher, aber dennoch positiver
Berichtserstattung glüht GTCI vom Jahreshoch wie ein Stein abwärts.
Bleibt abzuwarten wie das Papier sich bei event. neg.
Berichtserstattung verhält.
Die bisherigen Prognosen zur Kursentwicklung liegen abs. daneben,
die Hintergründe für die schwachmatische Entwicklung werden in der
Bombadierung der chin. Botschaft, Taiwan etc. usw, erkannt.
Bleibt abzuwarten ob GTCI die Chancen durch das gigantische
wirtsch. Umfeld die der asiatische Raum derzeit bietet auch
umsetzten kann......
Ludovico
schrieb am 24.07.99 22:40:35
Werde warten... und halte! Eigentlich fehlen nur die News...
Auf Raging Bull schreibt "Lorinda":
Emailed PR today and received this response:
Dear Lorinda,
Thank you for your interest in GTCI. Our team has just arrived back
from an extended trip to
China. There has not been much news of late, but we expect the hard
work that has been
done will begin to bear fruit. I expect news
for public dissemination soon.We expect to be filing before the New
Year.
Best Regards,
Dwayne Yaretz
Corporate Communications
**************
(http://www.raging-bull.com/mboard/boards.cgi?board=GTCI&read=1152)
Big Man
schrieb am 25.07.99 10:42:53
Habe das mal hineingepostet aus wallstreetresearch Meldung vom
18.7.
Ich hoffe die Tabelle ist nicht zu sehr zerpflückt...?!
WALL STREET RESEARCH GROUP
HOME
Buy Recommendation
July 18, 1999
Special Report
Global Telephone Communication Inc.
(OTC: GTCI)
Shares Outstanding: 12,245,935
Active Float: ~2 million
Recent Price: $2.00
52 Week Bid Range: $.31-$4.63
1999 EPS: $.25(Est)
2000 EPS: $ .61(Est)
P/E Ratio: 20X(Est)
Book Value /Share: N/A
Year Ending December 31, 1999
1999 (E)
2000 (E)
2001 (E)
2002 (E)
2003 (E)
Revenues (millions)
$12.0 Mil
$30.8 Mil
$72.5 Mil
$148 Mil
$222 Mil
Earnings (millions)
$3.1 Mil
$8.7 Mil
$21 Mil
$41.8 Mil
$62 Mil
Shares Outstanding (millions)
12.45
14.24
14.24
14.24
14.24
Earnings per share
$.25
$.61
$1.45
$2.94
$4.36
Projected Price P/E Ratio of 20/1
$5.00
$12.20
$29.00
$58.80
$87.20
Business Summary:
Global Telephone Communication Inc. (OTC BB: GTCI) is an ambitious
young micro-cap
that appears to have opportunities for explosive growth through its
early-stage participation in
several solid telecommunications projects in the Peoples Republic
of China. Through its
operating subsidiaries the company is beginning to provide
communications products and
services in China. The company through joint ventures and exclusive
agency agreement with
subsidiary of China Telcom, the largest Telecommunications Company
in China, offers Internet
connection, mobile communication integrated systems, and Internet
telephony systems and
products.
RAPID GROWTH IN CHINA:
Global Telephone Communication has positioned itself to become a
serious player in the
significant growth of Internet business already going on in China.
GTCI completed its first step
by entering into a joint venture/exclusive agency agreement,
through its wholly-owned
subsidiary Regent Luck Holdings, Ltd. (RL), with Shenzen Newsnet
Co. Ltd. (SNC), itself a
wholly-owned subsidiary of China Telecom. The joint
venture/exclusive agency agreement,
China Global, will operate in six major urban areas with a
population of over 300 million.
These areas are Beijing, Shanghai, Ghangzhou, Chonquing, Shenzen
and Wuhon.
EXPONENTIAL GROWTH OF THE INTERNET:
The Internet is experiencing exponential growth worldwide. The
volume of electronic data,
voice, fax, audio or video, being transmitted over global networks
is no longer measured in
"mega" or "giga" digital bits-per-second, but rather in "tera" or
trillions of bits. The global
communications grid is sustaining an explosive expansion in
capacity and bandwidth. The
bandwidth boom will change the way we communicate, learn and do
business. Simply put, the
use of e-mail, e-commerce and e-telephony will dominate business
and personal
communications as we enter the 21st century.
Internet Telephony Protocol (IP) is experiencing the most
spectacular growth. IP is the use of
the Internet and corporate Intranets to carry traffic rather than
the more expensive International
Direct Dial. Savings can approach 50% to 70%. IP traffic is
expected to reach $10 billion by
2001 and account for 25% of international long distance calls. The
gateway equipment to carry
such calls is estimated to grow from $1.8 million in 1995 to more
than $6.3 billion in 2002.
The license allows the joint venture to offer this value-added
service for the same region and
the same time period as the ISP license.
CHINA TO BE A MAJOR PLAYER
China`s future depends on growth, which requires technology as its
fuel. The Chinese
government has already invested over $28 billion on more than
100,000 km of optical fiber
that now links 85% of the country. In fact, China needs to be ready
with fiber-optic
communications very quickly because this year (1999) $1.2 billion
China - US Cable Network
project (the first direct fiber-optic link between the two
countries) will be completed. The
fiber-optic link will provide an explosion of information available
to China.
The number of people using the Internet in the world`s most
populous nation has increased
more than 30 fold in just five years. Internet users are expected
to grow from 70,000 in 1996
to 4 million in 2000 and 7 million by 2001. Other forecasts see 100
million users in the near
future. Web pages hosted in China have grown from 100 in 1994 to
250,000 in 1998.
Equally explosive growth is expected in PC sales and users. The
Chinese market is
expected to become the LARGEST in the world! As a matter of fact,
personal computer
sales in China are expected to surpass those in the United States
by year 2000.
GTCI`S JOINT VENTURE: REGENT LUCK HOLDINGS, LTD & NEWSNET
GTCI`s exclusive Agency Agreement (Joint Venture) is for 12-years
automatically renewable,
with minimal requirements, every three years. The Joint Venture /
exclusive agency agreement
is between Regent Luck Holdings, Ltd. (wholly owned subsidiary of
GTCI), and Newsnet, the
Internet arm of China Telecom. Regent Luck is to provide financing
into the new venture,
Shenzhen Global Net. Newsnet already has an existing Internet
subscriber base of 45,000.
Profits will be allocated 35% to Newsnet and 65% to RL for the
first two years and 49% to
Newsnet and 51% to RL in years three and beyond. RL will own 51% of
the voting equity of
Shenzhen Global Net and will appoint three of the five directors of
Shenzhen Global Net.
A License of Approval has been granted to Newsnet to conduct all
telecommunications and
Internet business and services in six major urban areas. Newsnet
has obtained all regulatory
agency approvals to utilize the Licenses and to do business as an
Internet Service Provider
(ISP) as well as both reseller and agent. Newsnet will contribute
the License of Approval and
all regulatory agency approvals to Shenzhen Global Net. The joint
venture/exclusive
agency agreement is to operate in six major urban areas with a
population of more
than 300 million residents. The areas are Beijing, Shanghai,
Ghangzhou, Chonquing,
Shenzhen and Wuhon. The Ministry of Posts and Telecommunications is
encouraging a large
Chinese language Web presence for electronic resources ranging from
search engines to
weather services. China has embarked on a series of projects that
will employ state-of-the-art
technology into everything from education, agricultural planning
and healthcare to finance.
In order to take advantage of the coming flood of information, the
Republic of China is
encouraging foreign investment and assistance in developing its
telecommunications and
technology infrastructures. There is strong support for the
privatization of State Owned
Enterprises (SOEs). The government intends to transform the
majority of SOEs into profitable,
stand-alone, shareholder companies. GTCI expects to play a
meaningful role in the
development of China`s telecommunication technology. GTCI has
established a foothold and
gained a select competitive position, benefiting from the exclusive
nature of its license(s).
Y2K BUGFIX SOFTWARE SOLUTION:
GTCI has entered into an exclusive licensing/marketing agreement to
provide GTCI`s Year
2000 (Y2K) Bugfix solution through Shenzen Global Net. The company
has engaged Viacor
Industries to develop its Y2K Bugfix solution specifically tailored
to the PC market. This Y2K
solution is one of the most user friendly on the market today and
has a multitude of software
versions and features, including a clean and simple interface real
mode device driver and an
uninstall feature.
The Chinese State Council has mandated that all government agencies
and government-owned
enterprises have all systems revised and all millennium bug tests
completed by September
1999. The State Council has ordered 18 government departments and
ministries to send
monthly reports on their progress toward upgrading systems.
China`s metal industry illustrates the extent of potential Y2K
problems. The China Metallurgical
Industry Bureau reports that 20,000 of the 28,000 computers used in
the industry, or 71
percent, are threatened by Y2K problems. The PC market in China
alone totals 10 million
computers, all of which must address the millennium bug.
GTCI enjoys relationships with and is negotiating with several
Chinese Government Agencies
to supply its Y2K solutions. In addition, GTCI has acquired 51% of
Pacific Assets
International Ltd. The acquisition is part of a Joint Venture
giving PAI exclusive franchise rights
to market the company`s Y2K software solutions to financial
institutions and their clients
throughout Asia excluding China.
Principals of PAI have extensive contacts and strong ties with the
Asia Pacific banking
community, including the Association of Development Financing
Institutions in Asia and the
Pacific, which encompasses 78 development banks in 33 countries
with members and clients
exceeding eight million. Additional contacts include the Asian
Bankers Association (ABA) and
other banking associations in the region. The same principals of
PAI annually organize the Asia
Pacific Bankers Congress, the Asian Banking Awards and the Asian
Banking Digest. PAI is in
the process of setting up Internet and information technology
business relationships for bankers
worldwide. Included are a banking/financial search engine,
information mall and a
comprehensive business library.
The strategic relationship between GTCI and PAI will focus on
information technology and
e-commerce for Asian Bankers and their clients. This will allow
GTCI to have a significant
foothold in an explosive market. From nearly zero last year,
on-line e-commerce will top $15
Billion by 2002. Taking into account the sizable amount of
transactions among manufacturers
and suppliers, this number could increase tenfold. PAI intends to
establish its
banking/commerce search engine to be a major Internet portal in
that region to facilitate trade
and e-commerce.
GTCI has teamed with Veronex Technologies Inc. to pursue business
opportunities together in
Asia. GTCI will market Veronex`s proprietary I/NOVA System, which
offers a complete end
to end solution for renovation, repair and testing of any mainframe
system requiring Y2K
compliance. The I/NOVA System will broaden GTCI`s Y2K solutions
services to the
mainframe computer market and will be marketed through the Shenzhen
Global Net and PAI
Joint Ventures.
Some estimates put the total global cost of fixing the Y2K problems
at U.S. $1.4
trillion. In other words, twice the combined costs of the Vietnam
War, the 1995 Kobe and
1994 L. A. earthquakes, and Hurricane Andrew, according to the
Organization for Economic
Cooperation and Development. The Y2K problem in Asia is
particularly critical due to the lack
of preparedness both by the governments and businesses. It is
reported that more than 65% of
the companies in Asia are just starting to address the issue and
they will have to resolve the
problems far beyond 2000.
GTCI, with its established strategic relationships in Asia and
complete system integration
solutions to the Y2K problem, will undoubtedly be able to capture a
substantial piece of the
market. Also, this will position GTCI to become a significant and
possibly even dominant
player in the IT, e-commerce sector in the future.
APRIL 12, 1999 BERLIN STOCK EXCHANGE LISTING
Berliner Freiverkehr (Aktien) Handel AG, a German specialist firm
operating on the Berlin,
Frankfurt, and Stuttgart exchanges listed GTCI on the Berlin Stock
Exchange due to investor
interest.
GTCI`s trading symbol on the Berlin Stock Exchange is GTB.
Berliner Freiverkehr (Aktien) Handel AG was approached by banks,
and by financial
institutions and their clients inquiring to invest in GTCI stock.
As a result of a substantial
number of inquiries, Berliner Freiverkehr began making a market in
GTCI`s shares on the
Berlin Stock Exchange on April 12, 1999. The stock is sold in Euro
Dollars with 1USD being
equivalent to 1.064 Euro Dollars.
BUSINESS LICENSE INSURES MAJOR GROWTH
On June 10, 1999 GTCI`s joint venture company, Beijing Global Net
Communication
Technology Co., Ltd. received Chinese Government approval and the
business license for their
GPS (Global Positioning System) project in the People`s Republic of
China (PRC).
The joint venture will be owned seventy percent (70%) by Global
Telephone Communication
Inc. (GTCI) through its wholly owned subsidiary, Inter Luck
International Ltd., and thirty
percent (30%) by Beijing JinXunDa Telecommunication Technology
Development Co. Ltd.
(JXD). The joint venture will be organized under the laws of the
P.R.C., and will have an
exclusive agreement with the government agent to introduce and
construct GPS & 2.4 GHz
Frequency Hopping Spread Spectrum (FHSS) Mobile Communication
Integrate System in
Beijing, the capital city of China, with nationwide coverage over
time. The term of this Joint
Venture is for 25 years.
GTCI intends to utilize the three years` of research and
development by JXD, through GPS as
positioning system, GIS as electronic map and mobile communication
system as the
transmission link to build the integrated system. In the long run,
this positioning and integrated
system will also be utilized by the emerging Intellectual Traffic
System (ITS).
Beijing Global`s revenue stream will commence immediately following
construction of
the six system base stations around Beijing`s metropolitan and
suburban area. GTCI
expects construction to be completed during the third quarter of
1999. The Company
anticipates earnings from subscription fees, network access fees,
and communication fees from
individual and group users. Revenues will also be generated from
reselling of system equipment
and mobile units.
GTCI is also working with the government to utilize its exclusive
license to construct more than
sixty 2.4 GHz Coastal Emergency Rescue Command & Monitoring GPS
Trunking Mobile
Communication Integrated Systems around China`s 18,000 Kilometer
coastline to meet current
high demand. The systems will not only support emergency rescue,
but also give subscribers
the ability to communicate with other domestic and international
systems anytime anywhere
through out the Public Switched Telephone Network.
Beijing JinXunDa Telecommunication Technology development Co. Ltd.
employs China`s most
prestigious IT scientists from leading Universities as well as
senior executives from the former
Ministry of Postal and Telecommunication (MPT). These executives
maintain close working
relationships with Ministry of Information Industry (MII), as well
as the current ruling party.
This joint venture approval positions GTCI and their Chinese
partner to become the
leading provider of GPS software, hardware and service provider and
marketer of
branded GPS/Mobile Communication System in the People`s Republic of
China.
INTERNET SERVICE PROVIDER IN MAJOR CHINESE REGIONS
On June 16, 1999 GTCI signed a memorandum of agreement to enter
into a Joint Venture
with Beijing Tian Guang Information Communication Services Ltd.
(BTGIC), a PRC company
with a valid permit from the State Information Technologies
Ministry to operate as an
Internet Service Provider in the cities of Beijing, Shanghai and
Guangzhou.
GTCI will issue 1,200,000 restricted common shares of GTCI for a
65% equity interest in
BTGIC. Upon closing of the agreement, GTCI will own sixty five
percent (65%) and
BTGIC will own thirty five percent (35%) of the Joint Venture.
GTCI`s goal is to bring
in advanced technology, and to provide the necessary funding and
management requirements
to ensure the success of the Joint Venture. GTCI and BTGIC agree to
use the business
infrastructure and marketing network of the Beijing wireless
Information Network and
Sharehub, which are built by affiliated companies of BTGIC, to
assist and support the Joint
Venture.
BTGIC`s business includes: national data and information network
system, Internet access and
email service, search engines, web servers, web page creation and
hosting, web site
development, maintenance and systems integration, Internet
multimedia broadcast, web
advertising, corporate intranet systems, IP phone and fax system
and other e-commerce value
added services.
The Joint Venture ISP operation will utilize the exclusive wireless
broadband
information network in Beijing region, the state broadband
satellite network, and the
public telephone network. In the early stage of the project, and
ISP network information
center will be set up in Beijing. The individual users will use
telephone line to dial in, while
corporation accounts will use wireless broadband information
network and broadband satellite
network to access internet.
BTCIG`s principles are competent engineers with many years of
experience in design,
operations and services in the telecommunications sector. Mr. Wei,
the President of BTGIC
was the Director of System Engineering Institute in the Ministry of
Electronic Industry; Vice
President of Jitong company; Associate Leader of leading group in
State Information Studies.
Currently Mr. Wei holds positions as a radio and information
consultant for Beijing People`s
government, and High-tech project consultant for World Bank and
Asian Development Bank.
According to the statistic report of China State Network
Information Center (CNNIC) on
January 15, 1999, China had 2.1 million Internet users at the end
of 1998. Compared with
1,175,000 internet users in July 1998. According to local
authorities, it is estimated that,
internet users in 1999 will be doubled compared with 1998, which
will be more than 5
million users. In the next 3 or 4 years, there will be 40 million
internet users.
IMPORTANT & INFLUNCIAL ADDITION TO ADVISORY BOARD
On June 29,1999, GTCI announced the addition of Mr. Thomas
Brandenburg to the
Company`s special advisory board.
Mr. Brandenburg brings with him extensive expertise in management
consulting within the
telecommunications industry, and has established many key
relationships amongst the
international network of telecommunications companies.
``I am extremely pleased to be involved in the strategic
development of GTCI,`` stated Mr.
Brandenburg. ``The Company exhibits ambitious plans to develop its
telecommunications
infrastructure in China. I am confident that with proper execution
of its corporate plan
based upon its current solid platform, that it will capture a
significant share of the
ISP and GPS markets.
Mr. Brandenburg entered the telecommunications industry in 1978,
playing an integral role in
the successful structuring, financing and eventual sale of a
Dallas, Texas MCI reseller. In 1984,
he founded LCI Communications, and in 1993, founded US Network
Corporation Inc. - the
first company to negotiate territory wide term - and volume-based
resale contracts with any
US Regional Bell Operating Company (RBOC).
SUMMATION:
We believe that GTCI offers investors an exceptional way to
participate in the
burgeoning growth of the Chinese telecommunications, Internet, GPS,
and telephony
markets. This Company has positioned itself to become a dominant
leader in the
largest market in the world.
RECOMMENDATION: STRONG BUY: BUY AND HOLD FOR SUBSTANTIAL
INTERMEDIATE AND LONG TERM PRICE APPRECIATION.
GTCI, with estimated 2000 earnings of $ .61 per share and year 2001
earnings of
$1.45, is extremely undervalued and offers significant price
appreciation potential!
Using a price earnings ratio (PE) of 15 to 20 x projected earnings,
we forecast an
intermediate price target of $11.00 to $14.00 by December, 2000 and
a longer term
price target of $25.00 to $32.00 by December, 2001.
Company is positioned to benefit substantially from growth of
internet in China.
Company`s Y2K (Bugfix) solution will increase revenue stream
significantly.
GTCI has a dominant position in the world`s largest PC sales and
users market!
Internet usage in China is expected to grow from approximately 5
million people
today to more than 40 million users in the next 3 to 4 years!
GTCI should become the leading provider of GPS software, hardware
and
service provider and marketer of branded GPS/Mobile Communication
Systems
in China.
Company`s management team is well-connected, dedicated and focused
to
succeed.
Company, with their leadership position and infrastructure in
place, is an
obvious take-over candidate.
THIS IS A PUBLICATION OF WALL STREET RESEARCH GROUP, A FINANCIAL
COMMUNICATIONS AND
INVESTOR RELATIONS COMPANY. WALL STREET RESEARCH GROUP,
schrieb am 25.07.99 11:52:32
Meine Empfehlung zu GTCI:
Zu den jetzigen Preisen (2 EURO) kaufen. Ich gehe davon aus, das
die angekündigten Meldungen positiv sein werden, da GTCI bisher
auch schon Gewinn gemacht hat und weiterhin sehr engagiert ist. Da
das jetzige Kursniveau bei niedrigen Umsätzen zustande gekommen
ist, werden die guten Nachrichten zu stark steigenden Kursen führen
(50%). Und danach ggf. wieder langsam Fallen. Aber diese 50% brauch
man sich nicht entgehen lassen.
P.S.: Wer die XNET-Threads vom letztzen Monat noch hat: Ich habe
das gleiche für XNET bei 1,80 EURO empfohlen, hat da auch
funktioniert.