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 20.19

0.0%

9:56 AM EST

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To: Renee H. who wrote (92)	3/5/1998 12:50:00 AM
From: peter michaelson	of 122

Renee: The SK does not stand for South Korea and the company you mention is not, I think, the same one. You might wish to read through the posts at Yahoo discussion forum for additional background information and other references. messages.yahoo.com@m2.yahoo.com&board=yahoo.0c.10.7083987&topicid=0m2&type=date&next=15 I'm calculating the current value of $3.83 by dividing the quote from the Wall Street Journal Interactive Edition: interactive.wsj.com (539,000 won) by the exchange rate (1564) and dividing that result by the ADR ratio (90). The market price ($8.25) represents a premium of $4.42 or 115% of the $3.83 value. I know, this doesn't seem possible and I'm waiting for someone to show me the error of my ways. Good luck, peter

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