Guangzhou Global Telecom - Stock Spam 2.0?
Submitted by Ari on Tue, 06/05/2007 - 09:17.
In previous articles, I spoke about some research which established that stock spam works, as well as mentioned a report about how stock spam works.
A quick reminder: Stock Spam are those image-based emails pumping small chinese firms. Buy Today! This stock is reaching for the stars!
Today, I discovered Stock Spam 2.0 over at Kiplinger.com: Meet Guangzhou Global Telecom .
Rather than send out millions of emails like other small Chinese firms, Guangzhou Global Telecom took a different approach: Buy media (seemingly indirectly) in some of the most read business publications around the world talking about how great their company is.
Ok, now I know this technically isn't spam, but rather stock pumping (or "marketing", depending on what you do for a living), but it does awake an interesting point:
As society becomes more wary of online scams, will it "give back" authority to traditional media?
How would this situation played out twenty years ago, if a company with financials like Guangzhou Global Telecom bought advertising in the Economist and Financial Post? If you recieved an unsolicited email about Guangzhou Global Telecom, how would you react?
Anyway, slow news day, food for thought -
Submitted by New Media Ari (not verified) on Sat, 07/14/2007 - 07:30.
Hi Jacob -
Thanks for the comments.
Just to be clear, the purpose of my post was not to state that GGT was a scam, but rather initiate a discussion regarding how we interpret SPAM - have we as a society become so used to spammers using the Internet, that we now give more credibility to mail, print and television?
And on a side note, trying to prove an argument by citing a source you work for usually isn't the best response.
Submitted by Jacob Laufer (not verified) on Mon, 07/09/2007 - 22:47.
Hi, I work with tech web and Guangzhou Global Telecom is definiately not a scam, look at their most recent expansion with China Unicom choosing them as a distribution agent in the Guangzhou district and they are working on a deal for the Guangdong district. China Unicom is the second largest mobile carrier in China and has confirmed them as a very valuable, up and growing, distributor. Guangzhou Global Telecom possess great opportunity!
Proof: http://www.techweb.com/showPressRelease.jhtml?articleID=X621659