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Strategies & Market Trends : Investment in Russia and Eastern Europe

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To: Real Man who wrote (398)8/7/1998 2:38:00 AM
From: baystock  Read Replies (1) of 1301
 
<<That said, stocks are priced well below Mexico-84. Mexican fund
increased 20x to the peak. >>

What is the basis for this assertion. Lukoil is priced at $6 billion. I don't see how it can be worth $120 billion (6 x 20).
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