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Re: shmolton post# 8829

Friday, 08/01/2008 5:07:26 PM

Friday, August 01, 2008 5:07:26 PM

Post# of 13422
Ytec: First, what is not to like: (1) Chinese stock which on a short term basis seems to trade up or down a point or so as traders go long and short (2) quarterly out soon and last one saw a share price drop when expenses were higher than expected and earnings missed by a penny (3) probably safest to wait until next quarter reports (soon) before taking a larger position than a trading postion (4)End of games in china could mean a general sell off in chinese stocks......that said, the Chinese are encouraging the use of credit cards and our point of sale product installed thru banks will pay ytec on every transaction. Co is partnering with a number of banks and other institutions and i suggest anyone interested read the recent news on yahoo financial. Cada was a no brainer in the USA when it did something similar only directly with merchants and went from 4 to 40 before being bought out. Do your own dd but it looks like a keeper to me.

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