Cheap China Play---GTTIF Message Board

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

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To: DOUGLAS C. SMITH who wrote (17)	1/20/1997 9:22:00 PM
From: Albert Shilin	of 42

I don't think that Grande Tel is a good company to take over GTTIF. We can see it from the price of this stock. Before it took over, MTCEF was still $2-$3 stock. Now, it is a penny stock. On the other hand, we could buy it in much lower price. I have averaged down to less than $1 a share. Once it took off like last May, which went as high as $1.5, we can make some good profit. It seems that the good news of last Friday has already in the price and now GTTIF went down a little bit. It is supposed that the Q3 and Q4 should break even or make some profit for GTTIF according to the quarter report of Q2. But Q3 did not do it although the loss was not big. We'll see how about Q4. If GTTIF is down to less than $0.5 again, I would buy more. Albert

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