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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Bishop who wrote (32708)	3/3/2000 10:38:00 AM
From: Tom Allinder	Read Replies (5) \| Respond to of 150070

CHRM... Got this info: S.W. Lam Inc. is a Hong Kong-based designer, manufacturer and marketer of a broad range of gold products, other precious metal products and jewelry products. $91M in assets $30M in liabilities 9 months increase $24M in rev. $16 million cash in the bank bookvalue= $7.11 $1.30 per/share cash O/S 12.8M Float 1.9M and most of this is held by friendly forces close to the company. From the 16 Feb NR: Revenue for the quarter rose 10.3% from $28.3 million in the quarter ended December 31, 1998 to $31.3 million in the quarter ended December 31, 1999. The Company reported net income attributable to common stock for the quarter ended December 31, 1999 of $1.6 million, or $0.12 per share, as compared to net income attributable to common stock of $3.2 million, or $0.25 per share, for the quarter ended December 31, 1998. For the nine months ended December 31, 1999, revenues rose 39.1% to $84.8 million from $61 million for the nine months ended December 31, 1998. Net income attributable to common stock totaled $4 million, or $0.31 per share, for the nine months ended December 31, 1999 as compared to net income attributable to common stock of $5.1 million, or $0.40 per share, for the nine months ended December 31, 1998. Now the juicy stuff: HONG KONG, Jan. 24 /PRNewswire/ -- S.W. Lam, Inc. (OTC Bulletin Board: CHRM - news) today announced its subsidiary, Hang Fung Gold Technology Limited (``Hang Fung Gold Technology'; Hong Kong stock code: 870), has cooperated with The Administration of Shatoujiao Free Zone Shenzhen to jointly develop the PRC market to engage in the business in wholesale and retail of jewellery products; to establish ``Hang Fung 3-D Gold' and ``Hang Fung Silver Star' counters and plan to explore e-commerce business through the Internet in the People's Republic of China (``the PRC'). S.W. Lam, Inc. together with its subsidiaries are collectively referred as ``the Group'. Tom