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Technology Stocks : SKM, S.K. Telecom, nyse, depressed buy, w/close stop
SKM 20.37+1.0%3:12 PM EST

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To: James Choi who wrote (34)12/4/1997 8:37:00 AM
From: Jyoti sharma  Read Replies (1) of 122
 
James if foreigners can own up to 50% of a Korean company, the premiums will decline substantially. ADR's will trade more in line with Seoul prices. Japanese ADR's trade more or less at Tokyo prices. I am not an expert on Japan or ADR's. Over the years I bot and sold several ADR,s usually without premiums or discounts. Korea is a special case.
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