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Strategies & Market Trends : Cheap China Play---GTTIF

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To: DOUGLAS C. SMITH who wrote (36)3/26/1997 10:40:00 PM
From: Albert Shilin   of 42
 
There are no news from GTTIF so far. Yes, the stock is down a little bit. The reason, I believe, is that some people had to sell GTTIF for margin calls or buying other stocks since the market was down a lot recently. Right now, GTTIF is lacking of both buyers and sellers as there is still one month left for earning. It should not be very difficult to boost the stock price in such a thin trading, but maybe it is wise to wait for a while and let the sellers, if there are still any, sell at lower price. Middle of April should be good time for us again. Relax and enjoy the riding. Albert
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