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Non-Tech : Tsingtao Brewery (TSGTF)
TSGTF 6.990+7.0%Oct 20 12:34 PM EDT
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To: MARK BARGER who wrote (4)4/25/1997 12:19:00 PM
From: Shannon Mitchell   of 24
 
Mark:

Yes, it is a serious concern of mine on how foreign companies report their financial information. Even with American corporations financial information can be altered to some extent. As I receive information I will pass it through this thread.

As you have said, the potential is great in the Asian market, especially the HK/China markets. Remember also upon release, China's biggest concern will be to incorporate a financial trading arena simular to HK. This again could be a great boost for these huge companies that many no nothing about.

The 10 percent increase in TSGTF is normal. It will rock and roll (Bounce up and down) until production goes into high gear. However, based on the number of shares you actually purchase this could prove to be a great profit maker day-to-day. The fact shows that a bounce of this nature takes place often and at least 2 times a week. Get in with enough shares at such a great price and make a profit then jump out. Wait for the next dip and do it all over again. Day traders would have a ball with a company like this. Remember, consumer demand for their beer will increase as more and more Americans/Chinese flow into the Hong Kong area for the release. Remember also, the "China Towns" of most large cities located in the United States are preparing for this event as well. Hawaii's China Town is importing roughly 25 thousand cases of Qing Dao and that's coming from only 6 stores.

Once again, I will keep in touch as information flows across the water.

Good Day
Shannon

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