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)	11/28/1996 8:27:00 AM
From: Henry Li	of 303

Message from David You on Nov 20 1996 11:31AM EST I don't think it is just because communist company, American investors have more open mind nowadays. And it is basiclly based in hongkong anyway. I think the major problem is IF the company make so much money ( almost 1 EPS) and I guess they must have lots of cash. Why they don't just buy back a million stock back instead keeping issure new shares. david SORRY IN CAPS! I TRY TO QUOTE DAVID'S WORDS, BUT FAILED. <H1> ONLY ONE POINT TO YOU GUYS INVESTED: BE CAREFUL TO READ THEIR REPORT! THERE'S A PROBLEM CALLED "TRI-ANGLE DEBTS" WHEN YOU DO BUSINESS IN CHINA. IT MEANS YOU MAY HAVE SOLD A LOT OF PRODUCTS, THUS ACCOUNT-RECEIVABLES, BUT THAT DOES NOT MEAN YOU HAVE THE CASH IN HANDS. IT'S CASH ON PAPER. ASK ANYONE WHO HAS BUSINESS EXPERIENCE IN CHINA ABOUT THIS. YOU'LL BE SHOCKED! BE CAREFUL AGAIN. </H1> HENRY

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