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Microcap & Penny Stocks : CHCL: China Continental, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: jccodez who wrote (5)11/25/1999 9:02:00 AM
From: thomas a. burke  Read Replies (1) | Respond to of 64
 
Must admit that I got caught up in last weeks
"China Hysteria" and bought in at 1 1/8, then left for a day and came back to a significant
drop. As I started to look at CHCL it became apparent that they have substantial revenues
(35.2 mill.-ttm) and high income (11.9 mill-ttm) and appear to be an expanding and profitable
Corporation. Some other positives are as follows:

1) P/E of 4.04
2) Book Value of $2.06 (price to book of .39)
3) Cash On Hand $53,000,000 or .77 per share.
4) Profit Margin from most recent quarter of 60.2%

The above numbers were taken from company profile and recent filings. These numbers are
some pretty compelling reasons to own CHCL. This company has been very profitable and
will continue,IMO, to grow and prosper as China joins the WTO and begins to trade freely
with the rest of the world.

Actually became so impressed with the numbers and potential that I bought more CHCL
yesterday and plan to hold as a core position.

Regards, Tom B.