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Re: kmx_swing post# 31

Monday, 07/02/2007 3:23:06 PM

Monday, July 02, 2007 3:23:06 PM

Post# of 48
An investor was interviewed in Barrons and said this:

"How about General Steel [GSHO]? It has a great story. The company was founded by some farmers as the first privately owned steel company in China. It scavenged equipment that was being thrown away by a local government steel mill. Deng Xiaoping came and blessed it. It recently announced joint ventures with two big Chinese steel companies. General Steel should make about 40 cents a share this year, and next year as these joint ventures start to hit, it should make $1.50, with over $2 the year after. The stock is at 3.75. Eventually mainline analysts are going to pick up coverage of these companies because they're real businesses with exciting growth stories."

THE OUTSPOKEN PETER SIRIS BRINGS a fresh approach to one of the hottest investment topics: China, which accounts for about 20% of the $45 million Guerrilla Partners fund. The Manhattan-based fund invests in China through a little-known group of Chinese companies that are listed in the U.S. and Canada.


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