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Strategies & Market Trends : China Telecom Ltd (CHL) -- Ignore unavailable to you. Want to Upgrade?

To: Allen Brown who wrote (70)	8/10/1998 12:35:00 PM
From: Paul Shread	Read Replies (1) \| Respond to of 149

So why are we down while Hong Kong was flat? We're right at the all-time intraday low set Oct. 28, if anyone's interested in buying. Any company news? At a PE of 22, it looks pretty good, unless of course China devalues. I would have bet against that a month ago, but the longer those idiots in Tokyo let this drag on, the more the odds increase. China would probably do better to stimulate its own economy, but you never know what politicians will do.