CHINA.COM:

CHINA.COM (CHINA), a provider of Chinese-language Internet services, offers a range of solutions through its integrated portal network (www.hongkong.com, www.china.com, cww.com and taiwan.com). It offers news and business information, city guides, free e-mail, and chat rooms in English and Chinese. It's one of the first Asian Internet companies to be listed on Nasdaq's National Market. Shares of CHINA.COM rose to $136 on November 16, after the United States and China agreed to terms for China's entry into the World Trade Organization. The company, which is based in Hong Kong, sold shares to the public at $20 on July 13. After much wrangling, Chinese officials agreed to allow foreign investors to own up to 49% of companies in its telecommunications services industry. The agreement will enable CHINA.COM to ally itself with non-Chinese Internet companies, among them AMERICA ONLINE (AOL: research, earnings) which owns a 10% stake in the Chinese portal. The two companies teamed up in September to start AOL Hong Kong. CHINA.COM reported $5.2 million in total revenue for 3Q99, a 455% increase from the $945,000 posted in the same quarter a year earlier, and up 117% from the total revenue of $2.4 million posted in 2Q99. E-business revenue for 3Q99 was $2.9 million, up 111% from a year ago. Advertising revenue for the quarter was $2.1 million, representing 137% growth over the previous quarter. China.com (CHINA) 52-week High: $117.50 52-week Low: $24.50 Shares Outstanding: 21.1M Market Cap: $2.68M EPS: 1999: ($0.92) Revenue: Web solutions: $2.9M Advertising: $2M