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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: Weekapaug who wrote (60)	12/28/1997 10:10:00 PM
From: Rational	Read Replies (3) of 122

Hi All: I discovered that SKM ADR is selling at 100% premium -- a given amount of US$ can buy twice as many SKM shares at Korea Stcok Exchange as the number of SKM ADRs at NYSE. The premium existed when the Korean market was restrictive. Once these restrictions are gone (effective Jan 1), will the ADR price not drop to the Korean SKM in won converted to US$? This is my biggest concern about an investment in SKM. Can you help me on this? Thanks in advance. Sankar

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