Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (33024)	5/6/2003 3:22:27 AM
From: TobagoJack	Read Replies (1) of 74559

Hello Pezz, Today's Report: I added SinoPec (Sino PetroChem) finance.yahoo.com at HKD 1.50/shr. First dollop purchased back on in November, 2000 Message 14760610 , along with Petro China finance.yahoo.com (the company Buffett is hot on), at HKD 1.49. Collected HKD 0.17 of dividends along the way. Added another dollop more of shares back in October of 2002 Message 18141229 at HKD 1.21. Why? Sinopec adds more reserve at more controlled bid heat than Petro China, and is 50/50 on oil/gas exploitation-sales/down stream processing (as opposed to 95/5%), more swing to raw material price, etc, and under appreciated. Chugs, Jay

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