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To: Steven N who wrote (67002)8/25/1999 10:28:00 PM
From: Elwood P. Dowd  Respond to of 97611
 
Wednesday August 25, 9:40 pm Eastern Time-Ocean-Land may buy into U.S. IT company

HONG KONG, Aug 26 (Reuters) - Trading and investment company
Ocean-Land Group Ltd said on Thursday it is discussing a possible
investment in a U.S. information technology (IT) company.

Ocean-Land said in a published statement the IT company was developing an online book shop in
cooperation with China's biggest book-seller and distribution company.

It said it was not sure if the proposed deal would constitute a notifiable transaction because terms had
not been finalised, but gave no further details.

Ocean-Land's interests include installing and managing heating systems in China, making Puma (quote
from Yahoo! UK & Ireland: PUMG.F) sports products, distributing Procter & Gamble (NYSE:PG - news)
consumer products and Compaq Computer Corp (NYSE:CPQ - news) computer equipment.

More Quotes
and News:
Compaq Computer Corp (NYSE:CPQ - news)
The Procter & Gamble Co (NYSE:PG - news)

Related News Categories: US Market News

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To: Steven N who wrote (67002)8/25/1999 10:48:00 PM
From: Elwood P. Dowd  Read Replies (2) | Respond to of 97611
 
From the Zoo.......
by: cantgetabreak
92487 of 92488
I like people who discuss, not people who try to convince. I am a former DELL holder
and I bought CPQ on technicals. Stochastic moving to oversold despite declining price
(prior to today). MACD about to punch into the positive range assuming another positive
day tomorrow. Pounded upward thru 50 day EMA.

Momentum is with CPQ. Look at GTW and DELL...CPQ is due for a move. I don't regret
selling out of my DELL to buy into CPQ. I'm posting this for anyone interested in TA. All systems go assuming another up day tommorow.