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To: Matt Brown who wrote (670)	5/1/1999 10:52:00 AM
From: BD	Respond to of 1567

Champion Technology mentioned a week ago at .08 closed at .32 Recent WSJ info. BUY: Champion Technology Holding (H.CTH) - price HK$0.285. The underpriced telecommunications stock is trading at a 55% discount to its book value. It has also started to branch into information technology, such as microelectronics and software applications. With the government's plan to outsource two-thirds of its new information technology projects by 2001 mainly to local consortia, Champion-led consortium, Digital HK, is expected to win projects involving HK$1 billion investment spread over 10 years. {Lets not forget patent infringement settlemnet of some major change, good earnings and turnarounds in Inda/Russia/Asia helping bottom line}