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Strategies & Market Trends : lexington troika dialog russia fund

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To: Bill Bishop who wrote (60)	12/3/1997 8:41:00 PM
From: Real Man	Read Replies (1) of 92

Thanks, still could not find it there. Anyway, Russia's GDP is around $390 Bln. Market cap - I don't know!!! I read in Forbes last year that it was about 4% of GDP. This is about 16 Bln $! I would imagine it's about $40 Bln now. I think this is a very cheap price to pay for a country of roughly 150 mln educated people and huge natural resources. Microsoft cap is, for example, 170Bln. And people are more than willing to pay that price for it (Unlike Russia). There is an ultimate scare of the return of communism. But ... I don't think it's possible now. -Vi

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