Chai-Na-Ta - Ginseng Message Board

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Gold/Mining/Energy : Chai-Na-Ta - Ginseng

CC 12.09

+0.8%

Dec 26 9:30 AM EST

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To: Schiz who wrote (45)	10/14/1997 7:42:00 PM
From: Stephen E. Cooper	of 69

the problem was a poor quarter earnings release...this is probably still a good buy for a patient investor...they are major player in ginseng; most people don't know what it is...it does not have the marketing of COKE...but there are plenty of consumers out there...i think the company has shown pretty sound approach, but whether/ bad crop/fluctuating sales/ can affect short term profit.....it is as chaep as it has been in quite some time, so if you are bottom fisher ("value" investor ?)..this might be just the thing...it certainly is not a momentum play :)....technically, it may be forming a double bottom at $4.00, rising today to $4.20...supposed to be an indication of upward move ??? steve

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