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Technology Stocks : SKM, S.K. Telecom, nyse, depressed buy, w/close stop
SKM 20.10+0.9%2:52 PM EST

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To: Jyoti sharma who wrote (27)11/27/1997 11:37:00 PM
From: James Choi  Read Replies (1) of 122
 
Here is URL for SKM

sktelecom.com

So, the ADR takes on a life of its own! In that sense, it is no different from closed end mutual funds. Incidentally, SKM closed limit up (Korea's 8% daily limit) last night. I am not sure how it is doing tonight. Does anyone know where to get Korean stock market real time (or 20 min delay) quotes? I searched newspapers and they only show closing price.

With Won expected to devalue more, I guess the best way is to sit and wait until it hits around 4 or so. IMF is requesting Korea to have low growth for next year. I wonder how it would affect the SKM stock price. Lower growth combined with weaker currency makes the future look rather bleak.

Jamess Choi
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