Investment in Russia and Eastern Europe Message Board

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Strategies & Market Trends : Investment in Russia and Eastern Europe

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To: Thomas Haegin who wrote (165)	5/19/1998 7:09:00 PM
From: Michael Burry	Read Replies (1) of 1301

Thomas, I'm looking at Lukoil (thanks to the thread for some great resources) and I see that the stock price has been slammed, that many of its ratios don't make sense, but that this is all mitigated by the fact we know it is sitting on insane amounts of oil. If it's not too personal, are you personallyinvested in Lukoil (you sound like you are) and more importantly, what is your single biggest reason (other than "they have a lot of oil and a barrel is a barrel", which is about all I can come up with)? How will cash flows be realized and do you know of any timetable? Mike

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