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Gold/Mining/Energy : Nabors Industries(NBR)
NBR 51.63-0.3%3:59 PM EST

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To: Jim Lou who wrote (55)3/27/1998 10:00:00 AM
From: Char   of 174
 
Jim Lou

You are probably right. It would be nice to if we could find a fund that invests just in mainland China companies. I don't know of any right now. I would expect TCH to move more into mainland China as things progress there. I'm still not sure how these A & B shares work. I think only Chinese can buy the A shares and foreigners can only buy B shares. I don't know what the significance of this is and whether the A shares are a better investment so they are being reserved for the Chinese. Do you understand these, and if so, what are the ramifications.

NBR is up again today. It's probably getting time to add some more shares. I figured I better put something in the post about NBR. We are getting a little off track. Maybe there is a China thread somewhere on SI. I haven't looked yet but I will.

Dave
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