(8001) Tom.com is going to public today and we are confident that the subscription result will be very good. With the improving sentiment in the GEM broad, we recommend investors buying some good quality GEM stocks such as (8003) Pine Technology, (8003) TS Telecom, (8040) Fortune Tele.com Holdings for the short-term investment. Pine Technology is going distribute MP3 machine through internet. Together with the sharp gain with its counterpart (595) AV Concept, we recommend buying Pine at the current trading price of HK$1.80. Our short-term target price for Pine Technology is HK$2.10, representing a potential upside of 16.66 percent compared with the current trading price of HK$1.80. In addition, we also suggest investor to put a stop-loss selling once the share breaches HK$1.65.
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