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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ally who wrote (264)	3/28/1998 5:11:00 AM
From: China Trader	Respond to of 2578

Denise, Sorry to reply so late, I have not been checking in-basket lately... Thanks for the analysis... good thinking behind... HK Tel is a good stock... I like it myself... recently HKT received a lump sum from HK Gov't to allow long distance for competition and I think HKG overcompensated HKT, due to the need to get HKT to agree, and in the process allowed PRC Gov't to tell WTO that the market is open to allow PRC to get into WTO this year. However, when I discussed the viability of HKT stock price with my HKT friend, the answer is not to buy until C&W's share on HKT is clear... as C&W's share has to be sold to a PRC-connected enterprise at a reasonable price to satisfy PRC's requirement of letting HKT to get into PRC market. Anyway, you probably noticed that the recent upswing of HK market didn't include HKT too much... but there are 2 stocks you may want to watch... China Telecom is moving up fast... and also C&W can be a good buy with its HKT share soon to be disposed at a profit. hui