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


To: Jim Lou who wrote (77)11/3/1997 1:56:00 AM
From: Gary105  Respond to of 257
 
Jim, thanks for keeping this thread up to date. I followed byh's meteroric rise earlier and kicked myself for not buying. The recent crash gave me the buying opportunity I was looking for and I am now a shareholder. I agree that China's growth will fuel demand for petrochemicals, plus global ethylene is in tight supply right now.

Gary



To: Jim Lou who wrote (77)11/3/1997 2:51:00 AM
From: R. Bond  Read Replies (1) | Respond to of 257
 
Jim,

I would also like to say 'Thanks' for your BYH efforts. Much appreciated.

Like Gary, I saw the recent downturn in the share price as the waited-for opportunity to buy, and hold. Prior to that I had made a little profit trading BYH when it bounced around the mid- and low-twenties. From my readings on the future of the economy of China, I should expect a substantial price gain with this stock as a long-term hold. Not my usual criterion my buying.

Cheers,
Bond