Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: esecurities(tm) who wrote (3491)	10/23/1997 5:59:00 AM
From: Joe Copia	Read Replies (5) of 120523

ALL RESPONSES/ADDITONS WELCOMED An opportunity is here and the smart ones will wait till this Hang Seng crash is over and then dive in.. The Hang is down 35% this month ( Black October?). How does one take advantage of this??? One way is to let the Pacific Rim/Hong Kong type Mutual funds drag themselves down and then jump in with both feet. CHN is an obvious choice. ( probably a minimum 20% gain for the year starting at the Hang reversal). Another is individual stocks/ADRs. One that jumps out to me is HKT HKT started the month @ 23 and as of 10/22 is 18 11/16, a 19% reduction. Another is the IPO CHL(China Telecom, its debut being yesterday). Was to open @ 35.50 but opened @ 30 and closed @ 28. I will buy some @ 25 and buy more IF it falls below that level. If anyone knows of any other ADRs from that area please post. This is an opportunity of LARGE proportions. Thanks Joe PTG&LI !!!

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