Chai-Na-Ta - Ginseng Message Board

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Gold/Mining/Energy : Chai-Na-Ta - Ginseng

CC 14.31

+3.3%

Jan 9 9:30 AM EST

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To: Hassan Lakhani who wrote (22)	4/23/1997 11:00:00 PM
From: Stephen E. Cooper	of 69

I agree that this stock appears to be "on sale". The Globe & Mail published a small feature about two weeks ago - under the heading "Reality Check" - it discussed Chai-Na-Ta and another Ginseng producer ( I forget the other's name); it mentioned that Ginseng prices were down in '96 over '95; it mentioned losses for the other company, but 20% improvement yr over yr for Chai-Na-Ta. It quoted an analyst as downgrading it to a "speculative buy", with a target of 16-18. I think that people may have the two companies confused - nothing wrong with this baby. In addition, I believe the current market mass psychology is away from speculative issues, and into Blue Chips, if in at all ! I certainly see no reason that this stock shgould not be back at 12-13 in a short while, which is a 33%++ gain, even to that "modest" level. I am long and holding, 'tho I've been wrong before.... I also think that it takes a knowledgable investor, one willing to poke around a bit..the average North American knows little about ginseng, if they have heard of it at all...but the real market for this product is in other continents (where North American ginseng is considered a high quality, exotic import ) s cooper

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