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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (48280)12/30/1999 1:14:00 AM
From: gladman  Respond to of 122087
 
Hey Lucy, XING has some splanin to do... from CBS Marketwatch after the close....

>>Qiao Xing Universal share price gets cut in half

By Myra P. Saefong, CBS MarketWatch
Last Update: 5:19 PM ET Dec 29, 1999 Movers & Shakers
NewsWatch

GUANGDONG, China (CBS.MW) -- Shares of Qiao Xing sank 57 percent Wednesday after soaring 528 percent a day earlier, pressured by news that the company may still be a long way from getting approval to make CDMA cell phones in China.

Shares of Qiao Xing Universal Telephone plunged 29 to 22 on volume of 4.63 million shares, far below the almost 13 million shares which traded Tuesday when the stock closed up 42 7/8 at 51.

The stock price fell Wednesday after Reuters reported that an official at the Ministry of Information Industry in Beijing said Qiao Xing had yet to file an application. Reuters quoted the official as saying, "There have been no approvals for CDMA and this will have to wait until the WTO issue is resolved."

In a Tuesday press release, Qiao Xing's chairman, Rui Lin Wu said the Ministry of Information is expected to review the company's application with the Economics and Trade Committee before the year's end.<<

Lying Bastages.

Cheers!!




To: Anthony@Pacific who wrote (48280)12/30/1999 5:50:00 AM
From: Mr. Big  Respond to of 122087
 
QCOM hits $750 in German trading --->> 02:32 GERMANY'S MOBILE PHONE USAGE GROWS TO 25 PERCENT OF POPULATION-WSJ



To: Anthony@Pacific who wrote (48280)12/30/1999 8:25:00 AM
From: SouthFloridaGuy  Read Replies (3) | Respond to of 122087
 
Thanks Anthony, the man who shorted Ariel at 13 while I was long. Hope those lawsuits work out ok...



To: Anthony@Pacific who wrote (48280)12/30/1999 9:58:00 AM
From: R.E.B.  Read Replies (1) | Respond to of 122087
 
Hey Anthony, you might want to cover that GSTRF short while you're still three bucks ahead.... next week we could hit $40. Showing lots of strength here.