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Microcap & Penny Stocks : TNRG Tianrong Building Materials
TNRG 0.0300+14,900.0%Jul 17 12:46 PM EST

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To: Jimmy Dunn who wrote (4732)1/20/1999 12:47:00 AM
From: John Fisher  Read Replies (2) of 9824
 
Jimmy,
I have some deep concerns about CITIC Pacific.
By way of credibility, I bought CITIC Pacific in 1995-1996 (HongKong:CTPFC) at 4.00, after the oil & gas division president, et al, came to Houston to meet with us on an oil play. It ran to 5.25ish and then free-fell to almost $1.00. Let's be careful. They are highly leveraged and subject to interest and economic factors beyond anyone's control.
Regards,
John
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