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Microcap & Penny Stocks : BLHG, Fast Track Growth in China -- Ignore unavailable to you. Want to Upgrade?


To: Clayton Eley who wrote (1234)7/17/1998 2:14:00 PM
From: Douglas V. Fant  Read Replies (2) | Respond to of 4080
 
Clayton, Don't fret these "announced contracts" too much. I work in polyethylene, polystyrene, and polypropylene (OPP) base materials. There are lots and lots of consumer/industrial applications of these products. My guess is that BLHG will be able to find other orders to satisfy regardless of what happens to the initial projects that were announced. The key is their cost base for manufacturing the end products- and that is the reason that they set up the JV in China...

Well I put in a big order @ $0.38/share before lunch. I came back and see that I've bought no shares. So noone is apparently selling at the mid 30's level right now....

Sincerely,

Doug F.