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Gold/Mining/Energy : Noble China (NMO) on TSE. Chinese Brewery Stock -- Ignore unavailable to you. Want to Upgrade?

To: Lee Matheson who wrote (186)	8/6/1999 7:36:00 AM
From: Mario Gallant	Read Replies (1) \| Respond to of 248

Hi Lee, I don't know when earnings will be released but I have noticed that the company have been buying back more of their shares lately. Prior to this week I had not seen much activity by the company ( in the last several weeks ). Last year for the second quarter the company reported earnings of $ 0.22 per share. This year we have fewer shares outstanding and should have lower arbitration expenses. Anything less than $ 0.25 per share will be disappointing to me. With the recent developments, I feel that the company's future has never looked better. I think that a year from now we will look at the share price and wished we had bought more below $4.00 Regards, Mario.