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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (25482)	6/15/1998 3:45:00 PM
From: musicguy	Read Replies (3) \| Respond to of 34592

Who wants to work on a project? CHNAE in trouble lately, trading @ 5/8 - book value $6.15 Chinese steel co. China Pacific, Inc. is engaged in iron and steel production in the People's Republic of China. CHNA also holds options to develop and market land surrounding Sun City. For the nine months ended 9/30/97, net sales rose 5% to RMB757.6 million. Net income fell 46% to RMB35.8 million. Revenues reflect an improvement in production capacity. Earnings were offset by lower margins due to heavy maintenance of the No. one blast furnace and a RMB20.9 million decrease in other income. quote.yahoo.com trying to stay NASDAQ listed... this one may be on the ropes. OR it may be poised for a turnarouund.... It is struggling either way... Any and all interested, lets see what we can dig up. If this one is a TOTAL piece of crap, it won t take long to find out. If there is a spark in the ashes, maybe this one isn't out yet... One thing is for sure, the news hasn't been good. Per-Share Data Book Value (mrq) $6.15 Earnings (ttm) $0.09 Sales (ttm) $14.55 Cash (mrq) $0.42 Something to pass the time? MG