SwingTrade Member Forum

[BuzzOnDaBeach]

You better DD TSTC. One of the few stocks I've been buying and will continue to do so. .60 per share in cash, no debt, and a trailing p/e of 2.56.

As we mentioned in early July, despite the anticipation of Telestone's domestic business being impacted by the Beijing Olympic Games to be held in August, in light of the Restructuring currently under way and the promotion plan for Telestone's new products, the Company believes that its 2008 full year revenues and net income will grow by at least 20% compared with that of 2007. With the Restructuring expected to be completed in 2009, Chinese telecom operators are expected to increase their capital expenditures in indoor coverage networks and the Company therefore anticipates 2009 revenue increasing around 100% from that of 2008.


Buzz