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

To: Clean who wrote (74)8/10/1998 5:13:00 PM
From: Paul Shread  Respond to of 149
 
No, I don't. We should get strong support at 24 (the low of Oct. 28), but I'd like to see a stronger rally off it than we're getting. Maybe that the Hang Seng has stopped falling means we've hit bottom and a devaluation is factored in. Your thoughts?



To: Clean who wrote (74)8/11/1998 10:51:00 AM
From: Paul Shread  Read Replies (1) | Respond to of 149
 
At 20 times as-reported earnings, this would be a pretty compelling value under any other conditions.


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