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That .06 in rs numbers = $2.40 doesn't it?
Well, here are the financials...so, this stock is now selling at about 2 x fe?
http://finance.yahoo.com/q/is?s=gnph.ob
Is this the Hrct reunion....talk about a blast from the past. Felt a buzz and checked thru my portfolios and couldn't find anything...then went to my "dead and buried" list and there she was with actual buying volume, lol.
Anyone hear from Funincolo recently??
Thanks LV...sorry to blow your last post of the day.
That makes things look even better as now the current price represents 5 times trailing earnings. If they can maintain current growth rate it would be easy to present a case for this stock being worth $1.50 - $2.00...but don't expect this to happen unless they can jump to the Amex or Nas. But since that would require a reverse split all the loose shares would shake out giving us better transparency.
Wonder if the severe weather is going to affect 1st quarter...
So, 411,361,231 os...assuming the Pope shares actually get exercised. If Gtec repeats this last quarters performance they are bringing in appx. $.05-.06 / share.
Which would put us at about 6 times forward earnings....assuming no os share reduction and no growth...so conservative #s. Based on the valuations given to companies in this sector when they are acquisition targets at 18-20 times earnings that would put the fair value going forward at about $1....although it will probably take legitimate movement toward an up exchange listing to realize that.
Strong case can be made that Gtec is undervalued even on the otc. Be interesting to see what the next move is by management to attempt to unlock this value.
Can someone please clue me in on how many shares outstanding Gtec has....don't care how many are authorized...just want the os total so I can start doing the math. tia
Think you guys will find the following article very germaine to formulating a valuation for GTEC....
http://www.financeasia.com/article.aspx?CIaNID=69708
BankRoll's got it right...Hrct is never going to amount to anything on it's own. But a lot of these sub $.10 otcs are being used to reverse merge into legitimate China companies. They then use this footing to get listed on the Amex or Nas.
Hopefully these guys are smart enough to broker a deal with a profitable ongoing concern and this stock might actually have some value. Still a very long shot but doable, especially since management is well tied in the Chinese business community.
Problem for Hrct is that even though they may be able to rev-merge with so many os some kind of reverse split would probably be in order. But hey, 2000 shares of a real company is definitely preferable to 20,000 of air.
This doesn't seem to make a lot of sense from a financing viewpoint...unless this purchase was time sensitive...but even then, why give up these bargain basement terms, why isn't our merger partner stepping up here?
Have you guys looked at this yet? Is there a chance that this whole company is a house of cards?
http://investorshub.advfn.com/boards/read_msg.asp?message_id=22665797&txt2find=cxti+
Thanks EZ...I still hold a nice chunk of Hrct and continue to buy Chinese companies. Nothing has ever compared to the drama of the old Hrct though, lol.
Ahhh! bashers....it's starting to feel like deja vu all over again.
It looked like someone slowly sold this down into the teens and then agressively accumulated...looks like a million shares or more now. Every afternoon for the last week someone has been loading up.
But, someone is apparently accumulating this stock right now. Wouldn't surprise me to see some kind of major announcement in the next 2-3 weeks.
Not in the loop on this stock anymore. Looks like the guys have finally found a high margin strategy which bodes well for the future. What's best estimate of outstanding shares...and how would you feel about a reverse split of 5 or 10 to 1?
I kind of wish a lot of us old timers weren't still here...would have meant we sold off at a higher price, lol.
Still have about 50,000 give or take...figured this stock takes a run every two or three years, and I'm a patient guy.
Never stopped investing in Chinese stocks, got into Nanotech, and now back into the Chinese end because the timing seems good. Made a nice haul on CHINA and AOB.
You guys may want to take a look at TCOM.ob. Not a lot of info out there but their financials look good, they appear to be profitable, and the price sure is right. But, as always in this end of the investment spectrum...this is a speculative, high risk/high reward stock. I would appreciate feedback on this stock from anyone who looks into it. No one knows more about these types of situations than long term Hrct holders and there is no real following to speak of on the TCOM board.
If I am reading their financials right they are profitable and revenue is expanding. This price level may simply be due to the fact that they are pretty far under the radar.
Anyone know the probability that these acquisitions will audit out close to their projected figures? Regardless, nice to see the company finally learned its lesson about margins.
If we held CEO's and politicians responsible for all their public statements there would be no one left to run the companies or the country...that might not be such a bad thing, lol.
thinkerman...you posed a question to me a while back and I just picked up on it since I only check in here sporadically now.
Yes, I still follow the stock but,
No, I'm not buying more right now...I still have a farily significant amount.
My most recent buy in the China sector was American Oriental Bioengineering...I really like this stock and have been in it for over a year now...don't know if I would recommend it at this price since it has just doubled in the past week...but it is worth keeping an eye on.
The bulk of the buying in the speculative end of my portfolio the last two years has been in Nanotech. If you want to get your feet wet in that sector with minimal risk a good place to start is with "TINY"..wait for it to get close to $11.
Thank you guys...both negative and positive.
Looks like CH is at least headed in the right direction and trying to put the company on solid ground. Something that should have been done from day one in retrospect.
China has as much potential as it ever did...all these guys have to do is consistently perform and keep moving forward. Hard to tell if there is simply too much stacked against them at this point or not, but regardless, not much to be gained from selling at this price.
As charismatic as Phan was it is good that he is gone...assuming he took most of the negative sentiment and poor busines acumen with him.
Btw - does anyone hear from funincolo anymore? I've lost touch with him and wonder how he is doing.
Good to see everyone is still alive and well...if a little poorer, lol. Still holding about 50,000...not sure why, but historically every time this stock gets down in this range it has a pretty sharp run.
Can someone give me a brief update...is the company still on solid ground? Can we count on CH sticking around to see the job through?
Btw - read the last 50 posts or so...can't believe there are still OC clones trashing this little otc stock. Well, you have to give Phan credit for at least one thing, he appears to have created the most obsessed breed of basher in stock history...
I see the fact that Ms. Hartwick is still involved, and that they have finally realized that there comes a time when you just have to let go of the low margin biz, as very positive signs.
Guess I'll just hang on to these shares...if Hrct has proven anything over the last 5 years it's that they are always good for a rally every 9-15 months...which means they are just about due, lol.
Most of my recent investment has been in the nanotech field but I still have a lot of faith in the China stocks...a billion people just can't be wrong...
Btw - I hope the experts are wrong about the repeating hurricane pattern. Finally had to shelter in my office last Sept. after the fourth tree came down next to my house...literally drove through a gap we had chainsawed out of an oak that had fallen across our road for two weeks. Will never forget the destruction I witnessed during that five week span when we got hit with varying degrees of intensity by 4 hurricanes....on the other hand, the surfing was great, lol.
Well, son of a gun, Hrct still around.
How is everybody?
Still sitting on about 45,000 give or take. Any hope for this old dog making one of its' patented moves any tme in the forseeable future?
Kind of miss the GO GO days....
It's a time warp....thought I'd check the board out and it feels like 1999 all over again, lol. Don't know if we'll ever see anything like the "internet revolution" again...unless it's nano-tech. I miss the energy of those days...and the profits.
I wouldn't worry too much about Hrct...the entire sector has been hit hard...and many tech and otc stocks have retracted by 30-40%. China's not going anywhere, and even with the gov't taking steps to cool down the economy...they had to or the banks would be at major risk on poorly secured loan portfolios... it still represents one of the fastest growth sectors in the world. Long term it's a good thing that China's leadership is acting responsibly here.
It's a shame Phan basically burnt 100 million shares before he adapted a legitimate game plan but their moving in the right direction now. Can they succeed in putting this strategy in place?...jury's still out...but the stock seems to have settled into a supportable range.
thinkerman -
I like Hrct between .57 - .62. Buy in this range.
Splitting my spec portfolio between China, India, Nanotech, researching Rfid and UWB stocks. The last three China related stocks I bought were Chindex, AOBO, ZIMCF. In Nano...Nano, Ngen, Nanx, Tiny, Alti, Fei, Jmar.
India..Sify, Redf.
China to revalue yuan in first quarter of 2004: Goldman Sachs
Mon Jan 12, 4:08 AM ET Add Top Stories - AFP to My Yahoo!
BEIJING (AFP) - China will make a one-off revaluation of the yuan within the first quarter of the year and move to a trade-weighted basket of currencies to set its exchange rate by the second half, investment house Goldman Sachs said.
AFP/File Photo
The measures will lead to a five percent cumulative appreciation over the next 12 months, it said.
With low interest rate expectations and yawning current account and budget deficits, the US dollar has been hitting fresh lows against the euro and other major currencies on an almost daily basis.
This is pressuring China to address its exchange rate policy, the investment bank said in a client note.
Although a 10 percent revaluation would be needed to bring the currency to fair value, it expects China to revalue the yuan by 2.5 percent against the US dollar in a "prudent first move" towards a more flexible exchange rate regime.
Goldman Sachs said that China is then likely to move from a direct US dollar peg to a crawling basket of trade-weighted currencies.
It cited a recent mainland media report which said that the government was considering linking the yuan to a basket of 11 trade-weighted currencies.
It noted, however, that because many of these were either managed against or pegged to the dollar, its composition would be 63 percent in dollars and the remainder split between the euro and yen.
Goldman Sachs said that the move to a managed basket of currencies would lead to a one percent appreciation against the basket in six months and 1.5 percent in 12 months, totaling a five percent rise in value overall.
It said that this implies an exchange rate of 8.07, 7.68 and 7.54 yuan to the dollar in three, six and 12 months respectively. The yuan will be valued at 13.00, 12.38 and 12.60 yen over these periods, it said.
Seems like Hrct wouldn't have much work to do to qualify for the Nasdaq or Amex, with the exception of share price...minimum of $4 for Nasdaq - small cap - and $3 for Amex. Their attempts this time seem to be bolstered by the fact they are growing their revenue base, cash flow, profits and cash position. In addition, if their cash position is available they would have no problem funding the move.
Since we are looking for alternatives to rs to meet the share price requirement....is there any reason they can't simply reverse merge into an existing Nasdaq shell and maintain the $1 minimum for listed stocks? Doesn't seem much of a stretch to premise that an additonal acquisition or two and the announcment that they are acquiring entry on to the Nasdaq to push this stock to $1+. At a buck Hrct is still trading at less than 1 times sales and app. 25-50 times forward pe....certainly not overly expensive for stocks in this sector.
As for further dilution....looks like they are averaging in the range of $1 purchase price for every $10 in revenue. If they can start making these acquisitions in the $1 share price area they cut the price by about 40%. More revs for significantly less dilution. If they play their cards right dilution may be increasingly lower with each passing deal.
Mmayr -
In response to your questions;
I simply base my judgments on the same information available to every investor. I disagree with your statement that the previous acquisitions appeared to be solid…they were always more potential than fact. I don't feel the current situation / acquisitions are the same as the previous. These are real brick and mortar companies generating significant revenue, with positive cash positions, making profits in an under penetrated market in the worlds fastest growing economy. The margins are disappointing but that has the potential to be improved through consolidation and organizational efficiency efforts…which Hrct still has to prove they can do…but I viewed Hartwick's signing as a positive step in that direction. I would like to see more detailed financial analysis and projections but I take this stock for what it is…a speculative OTC stock …and make investment decisions accordingly.
Your assumption that "I feel so good" about this stock isn't exactly accurate…or I would not have this as speculative or stated that they had problems to overcome before they could succeed. I also made it clear that as long as Phan was connected to the stock in any way I would consider this an "x" factor that had the potential to affect share price. As far as hard data, I consider SEC filings to be hard data. So, no, I'm not operating on the assumption the #'s I have seen are misrepresented....but of course that possibilty always exists.
Whether or not they can sustain or improve their revenues, margins, profits, or market position, I don't know. I do know I like the consistency of the message the company has been sending recently, I like the niche their in, I like the market their in, and I have no reason at this point to question David's credibility or ability. In addition, I am used to having limited information when investing in OTC stocks in general and Chinese stocks in particular. So, in spite of Hrct's checkered past I'm comfortable with the depth of information for the level of risk I've assigned to this stock and the amount of money I'm willing to put into it. Besides, I've been invested in blue-chips followed by legions of analysts with more info then I could digest that went bankrupt…so you pick your poison either way.
I think at this price point, based on the information at hand that this stock has the potential to make me $. …simple as that. If this isn't the case for you, or you feel it is insufficient to make an informed investment decision that's fine…it just doesn't meet your investment parameters….I can certainly respect that. And if your analysis of what you see alarms you to the point that you feel compelled to warn investors away from this stock, that's fine. In general OTC stocks are unsound investments and the majority of investors would be well served by avoiding them. I've taken some major hits in OTCs over the years, but I've also taken some of my largest profits. I view them as a chance to hit a home run. Although with Hrct the os probably limits this to a potential double unless something big pops….but because in the China sector I believe that probability is increased it still fits my risk/reward requirements for this type of investment.
While I doubt this has "enlightened" anyone perhaps it will illuminate my position...
thinker -
It appears that the recent acquisitions by Hrct are solid...and no the dilution doesn't bother me.
The problem of the excessive os isn't caused by the current model but by the bad market timing and poor strategic decisions made by Phan. David C has his head on straight and I'm encouraged by the recent management hire. It would be a good move for Hrct to completely remove Phan from any formal association with the company....pay him as a subcontractor for deal work if neccessary. There was a time when Alan was in the right place at the right time but it has become obvious that his talents were limited to dealmaking and not business building...as the sector evolved his particular skill set became insufficient to sustain the company....and unfortunately one of his deficiencies was his inability to install and empower the proper management or transition team. David being the exception to the rule. His vision was sound but his lack of fundamentals eventually caught up to him and I believe the trade-offs he had to make for his in-country influence led to some poor acquisition targets and personnel decisions.
There is no question that China presents unique and powerful opportunities. I have been buying in this sector for 5 years and still find excellent investments. The last one was Chindex (CHDX)...got in at $11 a few months back and since it has split and run to $29. Now dipping into the commodity sector a little. And yes I still own Hrct.
I think it is important with this stock to differentiate between the past and the present. Phan's reach exceeded his grasp but I like their current plan. The Chinese economy will be very strong for the forseeable future and the penetration rates for IT and Internet are extremely low. Hrct is in position in this sector and their acquisition strategy is very good. If they can continue to accretively integrate profitable companies with positive cash positions they should increase their ability to favorably leverage future growth and organizational efficiencies...which should translate into better margins and market position. It remains to be seen whether or not they can take that next step but the Hartwick hire seems to indicate they understand what moves they need to make. They need to keep making good decisions.
This new Hrct isn't sexy but its real and they have consistently executed this plan...that to me is a very positive sign.
The '99 SEC situation doesn't bother me...worst case scenario the company settles and Phan goes away, which I would view as a positive development...and there is no reason to believe the financial part would be an undue burden. The x factor would be if there is anything else involved....Phan has not made any friends with authority figures which I'm sure serves to inspire the people involved in this case. This does make the stock more speculative.
I think that David is serious about moving to another exchange. My guess is that they reverse merge into a struggling
small cap Nasdaq or Amex shell. This would give them the option of avoiding a reverse split but it would probably not be bad to execute one and clean up the os situation...although if they can grow the revs into the $500 million range with improved margins the os becomes more proportional and takes some of the pressure off upward moves in the stock.
Overall, if they keep taking the right steps this stock has a good chance to have a nice run and I buy it on dips because I think the risk/reward factor justifies it for the speculative part of my portfolio...and they can move out of the speculative range but they have to clean up the problems they have.
I think you can make a strong case that there is no bubble in China sector stocks when you are talking about stocks such as Ntes, Sina, Sohu, China, Utsi, etc. These companies are sitting on piles of cash....up to $300 million..money they can use to acquire revenues. They have little if any long term debt. Though they are currently trading at high multiples to earnings and revenues this is mitigated by the extreme growth potential, barriers to entry, low market penetration, etc.
The important number to be considering here is the PEG, or price to earnings growth. Imo - these companies could still be considered undervalued if you look at price to future earnings...as these figures continue to trend upward the current prices of these stocks will look very reasonable. Current valuations may only represent 25-35 times next years earnings...which is a very fair price. The standard for established internet stocks is closer to 60 times future earnings. And this standard is applied to stocks with far slower growth.
China currently has market penetration in the internet and pc markets of appx. 5-7%. Companies like Ntes can grow in the medium double digits for the forseeable future....and the markets always reward companies in these type of growth patterns with high multiples. In addition, the operating margins in these businesses is over 60%....they are just beginning to factor in revenues from the lucrative online gaming market and as much money as they are making from SMS, MMS- multi media message service...and search engine revenue - is just around the corner.
And if you want a real boost...the currency can't be artificially pegged against the dollar forever. The gov't knows they need exports to create jobs for all those layed off from the SOE's. The true value is far higher...immediately raising value of these companies.
Unless the gov't decides to step in and change the regulatory environment it wouldn't surprise me to see these stocks trading in excess of $60 in a year.
Should be a good morning for China stocks...Sina closed at $26.90 and the opening bid is $30.40 after their quarterly report.
The mention in the second paragraph on rev's sure looks promising....If I'm reading correctly it says they did appx. $300 mil. yuan in 2002, but already $99 in the first quarter of 2003. That translates roughly into a 30% annual rev rise assuming the yearly amount isn't more heavily weighted into the first quarter.
Ordinarily the 4th quarter is the largest in terms of revenues for this sector. Taking Sars into account...those figures look pretty good.
MBR-
ChinaByte is only in Chinese...maybe if someone has translation software.
Are there any China related stocks out there that are still undiscovered and undervalued, besides Hrct and Etlk of course?
This really belongs on the ETLK page, but since most of us are ET holders;
China Railcom, the country's minor fixed-line phone operator, is building a much-heralded next-generation network (NGN) to deliver a wide range of converged voice, data, video, broadband and multimedia services.
The move is expected to help the struggling Railcom better compete with its giant rivals - China Telecom and China Netcom.
Railcom plans to use the network later this year to launch a suite of new residential and business services in Chongqing.
It is expected to be China's first commercial NGN.
Under an agreement announced last week, Railcom selected Canada's Nortel Networks to be the sole supplier of packet radio voice equipment for its NGN in Chongqing.
The NGN will be based on Nortel's voice over Internet protocol (VoIP) and multimedia communications product portfolios.
The deal is worth millions of US dollars, Nortel said.
Railcom's decision to launch a commercial NGN came after a one-year trial that included extensive field testing under the close supervision of technical experts from Railcom and the Ministry of Information Industry (MII).
The equipment uses "packet switching" technology that takes up phone network capacity only when data are being transmitted, thus it helps operators cut costs.
Traditional technology requires the use of capacity at all times during a call.
The NGN is expected to help Railcom generate more revenues by providing new services beyond voice calls, said Yuan-Hao Lin, chief operating officer of Nortel Networks (China).
He declined to say how many users Railcom's NGN in Chongqing will accommodate.
"NGN is very important to any operator. We are committed to helping our customers to roll-out feature-rich, revenue-generating services," he said.
The NGN and 3G (third-generation) superfast mobile networks are the two largest money-makers in the future for equipment vendors, already suffering from significant investment cutbacks.
For China Telecom, the build-out of a national NGN network will require investments in tens of billions of US dollars, said Lei Zhengzhou, chief engineer of the China Academy of Telecommunications Research under the MII.
A deal signed between Nortel and US phone operator Sprint Communications in 2001 was worth US$1.1 billion.
"Gradual migration to NGN is an irresistible trend for fixed-line carriers reeling from the saturation of voice business," Lei told China Business Weekly during a telephone interview.
"NGN promises a new growth area, and the build-out of such a network will increase the chance of survival for carriers in the increasingly competitive market."
China Telecom last year kicked off a trial of VoIP technology in four cities - Beijing, Shanghai, Guangzhou and Hangzhou.
The company reportedly plans to roll out an NGN network in Shanghai late this year.
Lin said Netcom is also interested in NGN.
"We are still holding a positive view about the fixed-line networks. Bandwidth promises the biggest advantage and business opportunity for fixed-line operators," he said.
"New rising carriers are very active in building NGN ... while older ones also need NGN to offer new services to compete."
Nortel's NGN products have been deployed with 38 carriers in 22 countries, said Chenhong Huang, director in charge of Nortel's NGN business in China.
A little something about ChinaByte;
PChome.com.hk Launches New Channel - HKChinaByte
Hong Kong, 6th September, 2000 - SCMP.com announced today that its popular online computer magazine, PChome [ www.pchome.com.hk], together with ChinaByte, China's leading IT internet content provider (ICP), has launched a new Chinese language channel - HKChinaByte, at www.pchome.com.hk/chinabyte.
ChinaByte is owned and maintained by Beijing PDN Information Technology Company Limited. ChinaByte is regarded as China's finest training ground for Internet industry professionals.
Kuok Koon Seng, Chief Executive of SCMP.com, commented: "ChinaByte is the leading IT website in China, and will provide PChome with comprehensive and up-to-the-minute Internet information and computer news. This will enable PCHome to import China-related information to the Hong Kong market.
Gong Yuguo, General Manager of Beijing PDN Information Technology Company Limited, said: "As China's leading IT information website targeting Chinese readers everywhere, ChinaByte believes that more channels and a wider audience can only be beneficial. Our cooperation with SCMP.com will realise our goal of moving into the traditional Chinese and English language markets."
"The Internet gives us the opportunity to communicate on a local and international level. We will work with SCMP.com in this direction to foster global Chinese Internet information services," he said.
Mr. Kuok added: "PChome.com.hk is not just for Hong Kong, it is a Greater China IT portal. The new channel, HKChinaByte, will significantly strengthen the content of PChome.com.hk."
HKChinaByte has four major content areas:
"Games" provides the latest news, strategies and testing downloads for computer games;
"Tutorials" promotes sophisticated programming and development techniques from IT experts in China, offering tutorials on the hottest software, including Frontpage 2000, Dreamweaver, Fireworks, Photoshop, Image Ready, and 3D software such as 3DS MAX;
"New Products" introduces first-hand information on software, hardware, mobile phones, MP3, PDAs and the latest news on market trends;
"Science Life" provides mystery phenomena, discoveries on human DNA and stories from the world of nature.
ChinaByte will provide IT enthusiasts with the latest in IT developments, PC skills and products. PChome readers can also access other computing industry sources and search for new products through HKChinaByte.
Mr. Kuok concluded: "As the volume of online Chinese content grows, Internet users are increasingly in need of content search tools. ChinaByte can take full advantage of its experience, technological expertise and leading position in China's market to increase our exposure and future opportunities."
About SCMP.com
Launched in December 1996, SCMP.com is more than an online extension of the South China Morning Post. With over 90 staff at present, SCMP.com is at the forefront of delivering timely, high-quality information through multiple online channels, including news (news.scmp.com), an online source of the latest in computer and information technology (technology.scmp.com), Hong Kong's top lifestyle and information portal (totallyHK.com), Asia's leading horse-racing site (racing.scmp.com), and Hong Kong's leading job site (careers.scmp.com). More information channels are in the pipeline, including an extensive range of Chinese-language Web sites.
SCMP.com has been twice honoured with major online editing and publishing awards, and has registered over 22 million page views a month.
For more information, please visit http://www.scmp.com
About PChome
PChome is Hong Kong's largest-circulation computing monthly. Apart from its printed magazine, it also provides diversified and interactive Internet content, such as software downloads, product prices, e-mail bulletins and other features that are popular among young PC savvy Internet users.
About ChinaByte
ChinaByte is China's first commercial ICP web site and is one of the oldest web sites providing China-related information. ChinaByte is also the first vertical IT portal in China. ChinaByte has established a series of new communication forms for the entire industry and trained large numbers of professionals for the IT industry, which has endowed it with the name of 'the Huangpu Military Academy of China's Internet industry'.
In January 2000, ChinaByte was honoured the first prize at the "Election of China's Best Web sites" competition (majoring in the field of computers and the Internet).
For further information, please contact:
Marcopo -
I don't know...I invest in speculative stocks to hit home runs. I take the smaller gains from my "normal" investments.
The great thing about the China sector is that a handful of stocks have proven you can experience high percentage revenue gains and profits and they are leading this pack into respectability and now a lot of investors are looking for the next big play. And even better is that the current big three have all traded around a $1 or less in the not too distant past. Imo- this sector is just getting started. Even today Piper-Jaffrey raised their outlook on Sohu from $26 to $44...that's a major restatement and speaks well for institutions confidence in the sector.
Now, Hrct at the moment is not in the same league as the prime movers in this sector for a number of reasons...more shares outstanding, different cash position, yet to show profit, not in as "sexy" a business. But if they keep delivering and David and his group are as competent as they appear to be there is no reason this stock can't make a significant upside move. The potential is definitely there.
Looks like word on Hrct is getting out...picked this up off the CYD board today;
News from HRCT
by: hzhou6310
Long-Term Sentiment: Strong Buy 07/07/03 02:59 pm
Msg: 4061 of 4063
HRCT is now a Computer distrubutor and internet company in China. It will make money in this Quarter according to the company.
Will come down if schedule permits...only a two hour drive. Would like to meet all the people who have been as crazy as I am to still be holding Hrct after all these years, lol.