SKM, S.K. Telecom, nyse, depressed buy, w/close stop Message Board

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Technology Stocks : SKM, S.K. Telecom, nyse, depressed buy, w/close stop

SKM 20.32

+0.8%

3:59 PM EST

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To: Jim Goodman who wrote ()	7/4/1997 10:18:00 AM
From: kormac	of 122

Jim, This stock has moved up a bit lately. The company makes a lot of money, but puts it back into building new ventures. They have 4.5% stake in Iridium and operate a paging net in India. I don't understand well the far eastern markets, but it seems that Korean companies do not need to care about shareholders that much. Although earnings are strong, dividens are weak. It still seems to be a good buy at these prices. Since SKM trades in NY and London in addition to Seoul, I think that it would soon have to start behaving like a global company. Do you have any insight into the way in which Korean companies do business. Pohang may be one company worth studying, since they have a longer track record and trade internationally. I should look into this!!

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