Blast, you opnion about ETLT earning?

**atuzai** Tue Nov 15, 2005 2:03 pm

Blast, you opnion about ETLT earning?
Looks like a good one for me with following number and only trade at $0.5 now.

Book Value of $1.39 per share
Cash of $0.79 per share
Working Capital of $1.01 per share

How do you think? Thanks!

**blast_investor** Tue Nov 15, 2005 2:55 pm

The numbers are pretty cheap. On the other hand, this is unkown company sitting in remote place of China.

I am wary of this and lots of Chinese companies can produce numbers pretty easily without real substance behind the book.

I would stay away from it until I am comfortable with the books. At this moment, I have not studied it enough and I do not know enough of it, therefore, I am not comfortable with this company.

**atuzai** Tue Nov 15, 2005 7:19 pm

Thanks.