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Old Mar 25, 2002, 4:39 am
  #5  
sendoisan
 
Join Date: Nov 2000
Location: H. Kong/Melb - CX/UA/TG/Hilton Elite
Posts: 245
It is simple.

SQ have been playing the classic chinese waiting game. Buying NOW means there are no staff contingent liabilities attached to anything they wish to purchase. Go do that math. Those numbers are huge.
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