LUKOY The largest oil company in the world LukOil unknown Message Board

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Gold/Mining/Energy : LUKOY The largest oil company in the world LukOil unknown

LUKOY 6.960

0.0%

Jan 5 4:00 PM EST

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To: semi_infinite who wrote (856)	8/16/2001 4:40:25 PM
From: Fred Levine	of 914

Re:<<I'll take my dividends in Smirnoff please ;-) >> I disagree strongly. Stoli, not Smirnoff!!!<vbg>> More seriously, altho corruption is SOP in Russia, at a staggering magnitude (e.g. Berezovsky is reputed to have gained control of Aerolflot and diverted ALL their foreign transactions to private pockets, I wonder whose?), almost everything that I read about LUKoy is that it is the best managed company in Russia. So what if they gave a private jet plane to a politician to get favored treatment, who doesn't?. IMO--and this is not profound--the corruption and instability accounts for the enormous discount of the share price. The country is getting somewhat better, but Putin still is in the pockets of the oligarchs. fred

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