China Telecom Ltd (CHL) Message Board

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Strategies & Market Trends : China Telecom Ltd (CHL)

CHL 27.51

0.0%

Sep 27 4:00 PM EDT

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To: Julius Wong who wrote (96)	8/19/1998 10:58:00 AM
From: Paul Shread	Read Replies (1) of 149

It's the best company to own in emerging markets, period. Request the certificates from your broker and stick them in a safe deposit box. Open it in 50 years. Give it to your grandkids. I'll confess I pay as much attention to the day-to-day swings as anyone, and would add that I am pleased that we seem to outperform the Hang Seng in both up and down markets. Besides, if we think CHL was a screaming buy at 22, I'm sure others must have found other bargains as well, in the transports or utilities or other red chips. We may have found a bottom, the goverment's intervention not withstanding. Cheers, Julius. Paul

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