Towntarget:
That so-called analyst recommendation is the worst written, most superficial reasoning and utterly ridiculous recommendation I have ever seen, unless I've forgotten a few.
At least get the guys to correct the spelling and grammar. My goodness. Oh, by the way, I'm going into the rice business, since China's population is over one billion and growing. Should be able to compare with QCOM valuation then.
Oh, I didn't know that China has 12 billion population. That is an interesting fact.
I quote:" Current Recommendations: 01/06
Strong Buy: XING
Bought at 38 1/4. Target: 100
Xing is ranked as No.2 for making telephone handsets and equippments in China. Recently they have applied for making CDMA wirless phones in China, currently all cellular phones in China are imported. The chinese government is going to authorize 3 local telecom companies to produce it solely in China, since Xing is ranked as No.2 and been funded by the chinese government, the chance is almost a sure thing, just a matter of time before China becomes a memebr of WTOs. On technically aspect, there is about 85% of the float that are short and it's about to accelerate more upside than downside, the longer they don't cover, the higher Xing goes. It is a real company with profits, and the chance to get selected to make CDMA phones in China is almost a sure thing. There is 10M share outstandings, at $100, its market cap. is about 1 Billion, compared with QCOM which is over 133B, that's only 1/133, and we believe it's still cheap considered that China has 12b population. The potential growth is huge, and investors should take this chance to load before it takes off. Strong Buy. "
Unbelievable!! |
