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Non-Tech : CHIF - China Food and Beverage, Inc.
CHIF 0.0200+12.4%May 14 11:19 AM EST

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To: MoneyBaggs who wrote (43)12/18/1998 7:25:00 PM
From: David Sirk  Read Replies (1) of 127
 
Yep.. Until they put a financing deal together. You have to remember that these guys will instantly have A book value with an EPS. This is a reporting company so they can't unload shares with out people knowing about it. Lets say the stock converts at .08 and changes to 8 bucks a share. We should see it trading at $20 when people see that this is way below book value. The people that owned this stock at .50 and above will have little chance of getting there money back anytime soon. Any one that can buy in under .10 will get an instant double maybey more.
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