China Energy Savings Technology (CESV)

[Waitedg]

Our one analyst projected before the announced offerings earnings per share of 1.71 for this fiscal year. Factor in a .7177 dilution and this would reduce this to 1.23--an 18% increase over this past year's 1.04.

And the company now will have the working capital of 10,000,000 X what they get for the shares--plus they have the valuable $50,000,000 revolving line of credit the new CEO has brought in.

Again, agree with you Coffee, that this is a year for base building. A yearfrom now we might well have the combination of explosive earnings, tremendous increase in PE ratio--and the absense of much dilution.

A very special and exciting opportunity for the patient investor. I might add that we on this board should watch insider trading carefully. "Buy when they buy and sell when they sell" might make very good sense here. Also we should watch and try to track the movement of the 6,050,000 shares. When they have all been sold, the dampening of the price should be reduced. Waitedg