Cheap China Play---GTTIF Message Board

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

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To: Albert Shilin who wrote (39)	6/17/1997 12:46:00 PM
From: Guy	of 42

Good to see GTTIF improve to profitablility. I have been hearing lately how huge the telecomunications industry could grow in China. It is worth a gamble that somehow Grandtel might score it big there. However, the below quote worries me a little bit: "We are interested in settling the lawsuits, which are to be scheduled for trial early next year. However, the outcome of these lawsuits and any potential discussions are very uncertain." Do you have any guesses as to what might happen if Grandetel wins or looses these cases? guy

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