China stocks CIND,CHRB. Message Board

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Microcap & Penny Stocks : China stocks CIND,CHRB.

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To: David You who wrote (162)	11/21/1996 12:19:00 AM
From: Chris Bommarito	of 303

I agree that a stock buy-back would be a positive signal for the company to take. However I understand that they are trying to grow out of the rubber market into other areas, which takes cash on hand. According to their 10-Q they have $9.7 million in cash. Divided by the number of shares outstanding (not including everbright) that is $0.30 a share. Know of any other companies whose stock is trading at the amount of their cash on hand and are earning at below a multiple of 2? I just hope the info in their statements is honest. I did see (unaudited) a awful lot in there.

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