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Strategies & Market Trends : Strictly ..... Bottom Fishing
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From: Tadsamillionaire4/27/2007 7:30:15 PM
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So what do think of CNCN now? It is a bottom here.IMHO.
This agreement offers CinTel a unique opportunity to partially realize its long-term goal of becoming a semiconductor specialized company by consolidating various parts and/or companies involved in the semiconductor industry. Management believes this investment will ensure that CinTel's stream of profits will grow rapidly. STS will use the proceeds of the CB issuance to make capital investments. CinTel will also continue its strategic acquisitions in more diverse and profitable businesses focusing on the semiconductor industry and emerging technologies.

Sang Don Kim, the CEO of CinTel Corp, said, "This investment in STS is a natural extension of CinTel's expansion into semiconductor packaging business along with our investment in PSTS in 2006. Management believes that CinTel is assured to be a vibrant, profitable, and growing company well into the future. This agreement will strengthen CinTel's strategic relationship with the BoKwang group and increase our leverage in the semiconductor production field. Our shareholders will have the opportunity to experience significant benefits and increased shareholder value. Astute investors will see CinTel's strategy is creating a world-class stock that will provide significant returns on their investment."
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