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Technology Stocks : Vimpel Comm (VIP) ADR's of the Russian Cellular Phone Co.

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To: Andrew Furst who wrote (44)7/26/1997 12:21:00 AM
From: Jimmy Lin   of 283
 
Andrew, I think we are in inning #1 regarding VIP's growth. Everybody, this stock is a table pounding, jumping, breaking, BUY. Here is my logic:

VIP covers metro Moscow area which has 15 million residents. Say, in 10 years, VIP is able to attract 1 million subscribers (PCS as well as conventional cellular), which is unlikely but possible. That represents 15 times the current number of subscribers (64,500). If VIP can make 0.64 per ADS share per quarter on existing subcriber base, then it is capable of making $9.60 per ADS per quarter. That is $38.40 per ADS per year. Go figure where the stock will be !!!

Well, as always, if this is too good to be true, then it can't happen.

Disclaimer: I own VIP so am biased toward the upside.

Jimmy
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