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The Company provides Intellectual Technology solutions and services to the banking industry in China.
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geraldn100 (47.58) Submitted: 6/28/08 10:40 PM : Start Price: $11.61 YTEC Score: -4.22
China's banking infrastructure is being built up from square one, and YTEC is poised to capture the lucrative point of sale (POS) market, allowing Chinese customers to use credit or debit cards at stores. YTEC is building a nice moat for itself and has very little debt and a PE ratio that would be moderate for a middle-of-the-road American company, let alone a Chinese company with terrific growth prospects. I'm leary of the often overheated, overhyped Chinese stocks, but this one and Gushan (GU) seem like overlooked giants in the making.
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