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: Luc N. who wrote (172)	5/25/1998 11:09:00 AM
From: Real Man	Read Replies (1) of 1301

That's a distribution of capital gains. Meanwhile, the stock market in Russia is down 64% from it's October high. The economist economist.com has an article describing the Russian Crisis. I will stay invested in RNE (bought at 26), but I'm not in a hurry to buy more. You would get 30% or more in $$$ if you could buy GKO now. The risks are great now - but the market knows about them, and, I believe, overshot on the downside. It should be safe for a long-term investor to buy into Russia now, or 1/2 year ago. (By "safe" I mean that these prices should not last long - unless political situation changes). -Vi

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