Russia/Templeton Russia Fund (TRF) Message Board

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Strategies & Market Trends : Russia/Templeton Russia Fund (TRF)

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To: Thomas Haegin who wrote (56)	2/27/1998 3:53:00 PM
From: Still Rolling	Read Replies (1) of 94

Thomas, Are you concerned about possible ruble weakness when you invest in Russian companies? Also, do you see Inkombank as a long-term hold? I just returned to the states after three years in Russia (Vladivostok and Moscow) and I didn't see too much worth investing in. The great Russian equity gains occurred several years ago. Moscow City Telephone was an unbelievable buy at several dollars a share in 1990; at $1,500 a share (or whatever it's recent price is--I haven't checked in a while) it's not quite as attractive. And the second wave of great Russian equity plays are probably being developed right now in someone's garage. I too am bullish on Russia, but it's definitely a LONG term play . . . Regards, Craig A. Anderson xcitfan@mailexcite.com

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