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Strategies & Market Trends : Greater China Junior Stocks

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To: tom pope who wrote (785)3/16/2005 12:39:01 PM
From: rrufff   of 1992
 
CXTI Thanks, perhaps some of the "regulars" more familiar with local politics can comment on the ability of this company to continue to get these big contracts for a such a small company. They are trading at a low pe and low p/s level. The question is whether they can continue to get these contracts.

Today's PR was an attempt to answer those questions I imagine. Doing business on the local level, I've heard, is much more "greasing the right palms" than it is here in the US so success breeds success, so to speak.

If their revenue and earnings hold up, this could be a multi bagger from here.
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