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Strategies & Market Trends : 50% Gains Investing

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To: Duane L. Olson who wrote (32296)	1/13/2003 3:08:01 AM
From: Dale Baker	Read Replies (1) of 118717

The China portals are trading exactly like their American dot.com cousins a few years ago - price-sales from 12-28, history of losses, huge growth "potential" but insane valuations at the current prices. I missed this runup myself - almost nibbled on SINA at 5 but I hesitated too long. But I wouldn't buy at these nosebleed levels unless you plan to flip to another eager sucker soon afterward. You will sleep better holding UTSI. I still like ATS as another quiet, unknown angle on Chinese growth.

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