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Strategies & Market Trends : China Telecom Ltd (CHL)
CHL 27.510.0%Sep 27 5:00 PM EST

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To: Julius Wong who wrote (94)8/18/1998 11:39:00 AM
From: Paul Shread  Read Replies (1) of 149
 
I think it did stop, Julius. $22 was an extraordinary bargain for CHL. My only problem is the authorities didn't let the market find its own bottom at a point where we were very close (IMHO), so that's a psychological negative going forward.
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