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Technology Stocks : SKM, S.K. Telecom, nyse, depressed buy, w/close stop
SKM 20.21+0.2%Oct 31 9:30 AM EST

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To: Jyoti sharma who wrote (31)1/12/1998 5:25:00 PM
From: Brett Nelson  Read Replies (1) of 122
 
SKM Thread - Can someone please explain the determinants of the nearly 100% premium of SKM ADRs? I realize that this is partly due to supply and demand, but I am curious what events could conspire to either shrink or expand this premium. For example, is the opening of the Korean market to direct investment likely to dilute the value of SKM ADRs? If so, would the stock simply lose 50% of its value?

Sorry for the naive questions. Any help would be greatly appreciated.

Brett
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