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Non-Tech : Beijing YanHua Petrochemical (BYH) Taking Off -- Ignore unavailable to you. Want to Upgrade?

To: Bo Le who wrote (243)	12/28/1999 10:18:00 PM
From: Julius Wong	Read Replies (2) \| Respond to of 257

Bo: Thanks for the tip. I'll watch the ADRs. I also like ZNH. It's one of the 25 largest airlines in the world. On Internet stocks, Alan Abelson said, "Under the old paradigm, the more a company earned, the higher its stock rose; under the new paradigm, the more a company loses, the higher its stock rises. Under the old paradigm, a stock that doubled overnight might give pause to would-be buyers; under the new paradigm a stock that doubles overnight becomes four times as attractive." ^ \| \| \| Do you follow XING? It exploded today.\| Happy New Year. Julius

To: Bo Le who wrote (243)	12/29/1999 4:58:00 AM
From: allen menglin chen	Read Replies (1) \| Respond to of 257

Don't forget CHL, ZNH, GCH, CHN, SH, HNP, YZC. I think they'll double in 3 yrs. China is not out of wood yet. My wife will pay a visit next Feb from Canton, she will probably bring me some stories back. So far, Zhu Rong Ji has not solved the state owned enterprise problems yet. And their earning reports have too much juice in it. No one can trust their earning report at all. Chinese plays were way overvalued in 1997. Overall Chinese stocks P/E are trading @ 40-50! CHL might be the only safe play.