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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (24918)11/4/2002 12:49:19 AM
From: TobagoJack  Read Replies (1) of 74559
 
Hello Pezz, Today's Report: Purchased large tranche (4x existing position) of Tom.com at HK$ 1.93/1.94 (HK.8001 baby.boom.com.hk , and quote.bloomberg.com )

because of need to fund Christmas expenses.

Tom.com was originally launched as an Internet play with an amorphous business plan, collected a few billion HK Dollars during IPO and never got around to spending the $.

The company then changed business plan and started buying media property in China/Hong Kong.

Chugs, Jay
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