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Strategies & Market Trends : Cheung Kong Holdings - CHEUY -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Mikey who wrote (2)	12/7/1997 2:28:00 PM
From: fred douglas liebling	Respond to of 23

After years of trying to figure out Wall Street, the one thing I know is that stocks with great management are the only ones worth holding as core investments. When I read in the WSJ on 11/5/97 that Li Ka-shing was buying up shrs between 42-55 hkd, I thought it's now or never for this premier blue chip. Another compelling note is that Cheuy is selling at only 2 times earnings if you take out its heavy involvement with Hutchison Whampoa, another good one. I love China for the long term but I am not naive to the dark possibilities for the next year. But who really knows, so you have to have your chips on the table or you'll miss the big move[s]. How about SAP!!! Big move after big move, I like this one so much I even got my mom to buy into it and now she loves it too!!