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Strategies & Market Trends : Cheap China Play---GTTIF

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To: arizona_ice_tea who wrote (8)1/4/1997 11:35:00 PM
From: Albert Shilin   of 42
 
Yes, I think that GTTIF would be up soon.
Now, year-end tax sell past. I cannot find any reason for someone to
sell the stock in such a low price. Right now, the market value for this stock is about $7 Million. Two years ago when The Group took over the company, they put more than $10 million in it. From this point of view, I believe that GTTIF is undervalued. I don't think that The Group wants GTTIF to be bankrupt. I believe that the management or The Group is playing some trick. They would buy more shares at low price when time is right. I don't know when the stock would be up again like last May and June. But it will be up when the annue meeting is approaching. I just keep buying at such a low price and wait for the good time.

Albert
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