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To: pezz who wrote (40898)	11/5/2003 6:49:38 PM
From: RealMuLan	Read Replies (2) \| Respond to of 74559

>>True socialist, communists are utterly driven by only one thing.Power<< I wonder how many of TRUE socialists and communists do you know personally? I know quite a few and I saw and heard plenty throughout the Chinese history, they lived for others, and have given up their own lives for others.

To: pezz who wrote (40898)	11/5/2003 8:32:11 PM
From: TobagoJack	Read Replies (5) \| Respond to of 74559

Hello Pezz, my dad was a true communist, and he craved neither power nor money. With an English upbringing, he felt uncomfortable talking about money and born a Trinidadian, cared not a wit for power. He was happiest when he worked for free for folks, even when they made money off his work. Go figure. I knew and understood him quite well, and every so often I do work for free for others, but not to the same extent, though I am very far from being a communist in all senses and meanings of the word. When folks in the US think of communist, they think Lenin and Stalin and Mao and 'Lord of the Flies'. Them folks and piggies are not communista. Mother Teresa was probably a communist. Chugs, Jay

To: pezz who wrote (40898)	11/5/2003 9:02:36 PM
From: TobagoJack	Respond to of 74559

Hello Pezz, Regarding this, Message 19467092 , it is now T minus 60 seconds. I got execution of first tranche at HK 2.45 ... pre-market indication went as high as HK 8.0. The energy is OK ... biz.scmp.com Thursday, November 6, 2003 PICC stock forecast to perform strongly on debut CHRISTINE CHAN and ANETTE JÖNSSON China's largest non-life insurer, PICC Property and Casualty, is expected to make a strong debut on the stock exchange today, with the indicative grey market price touted yesterday suggesting a more than 20 per cent rally from the pre-listing issue price of $1.80. The unofficial price in the grey market, where shares can be traded before they are actually listed, was quoted at $2.20 by traders yesterday. "Given the recent strong [initial public offering] debuts by AviChina Industry & Technology and Ports Design, PICC should be a star performer," one local trader said. PICC's $5.4 billion H-share issue was the largest initial public offering this year and also the most oversubscribed in money terms. It locked up as much as $73.31 billion from would-be investors who applied for 136 times the number of shares available. Retail investors, who were not allocated as many shares as they applied for, might choose to try their luck on the secondary market, the trader said. Others see them as more of a liability for the stock on the first trading day, however, as it is common practice in Hong Kong to sell new shares immediately they start trading to make a quick profit. All retail investors who filed valid applications were allocated at least 2,000 shares, which meant there was a huge pool of prospective sellers out there, OCBC Securities director Peter Lai said. By contrast, he expected fund managers to be keen buyers as their portion of the share offer was scaled back to 50 per cent from 90 per cent. "The price should reach $2.20 as the response was very good, but above $2.20, I don't think it is that attractive," Mr Lai said. The market is hoping PICC can be incorporated into major stock indices tracking Hong Kong stocks due to its uniqueness as the first mainland insurer to list in Hong Kong.