Hi Jim: I bought China Unicom based on them selling the iPhone in China. From what I am reading, the initial sales have been very disappointing. I read that the problem seems to be that iPhones are readily available on the gray market and CHU does not have a Wi-Fi service. What do you think? Does it pay to hold onto this? --Michael in Pennsylvania

Cramer says: “I’ve done a lot of research on this. There are a bunch of phone companies in China. CHU is so far ahead of them technologically I don’t think you have anything to worry about. Remember, the [Apple] iPhone, they priced it too high in America. They cut the price, the sales exploded. They’re going to do the same thing in China.”