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 20.29

+0.6%

1:08 PM EST

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To: KZAP who wrote (53)	12/22/1997 6:48:00 PM
From: Jyoti sharma	of 122

KZAP All depends on what happens in Korean market which in turn depends on the Japanese market. I am hoping things will quiet down in Japan. IMHO the new president will do whatever needs to be done to get Korea back on track by end of next year. My best guess barring real problems in Japan or default in Korea SKM will go up over 7 in a week or two.I am also buying KF even though it's selling at a 30% premium. Also not helping today is the Moody's downgrad of their debt. Early next year if Korea is able to raise new money in World markets, Korean market is likely to take off. Happy holidays and good investing.

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