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Strategies & Market Trends : Value Investing
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To: Allen Furlan who wrote (15297)8/22/2002 12:37:03 PM
From: Paul Senior   of 78673
 
Yes, have looked at ASIA. Owned it and lost money on it at higher prices. While balance sheet may be okay, and they announce contracts they are getting (so earnings possibly might fall to the bottom line), I don't understand their business or how they operate within their Chinese environment.

There just aren't enough positives about ASIA for me, and so I'm not likely to have the patience to hold onto the stock.
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