Russia/Templeton Russia Fund (TRF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Russia/Templeton Russia Fund (TRF)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SgtPepper who wrote (81)	8/10/1999 12:12:00 PM
From: Daniel Shaffer	Read Replies (1) of 94

Back down to $7.00 per share? I was looking at the chart for TRF and noted that it got down to $6 plus change at one point in the fall of 1998. I doubt it will go that low unless things really become unglued, sparking a new round of capital flight, but it could get back down to $8 or $9. What do you think? The good news out of Russia is that the combination of tougher times and the devaluation of the ruble has increased demand for cheaper goods manufactured in Russia. This has benefitted a lot of new Russian entrepreneurs. The switch from imported to domestic products is a very positive trend for Russia's recovery because there is a multiplier effect from having the money recirculate within the Russian economy.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next