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: baystock who wrote (412)	8/8/1998 2:06:00 PM
From: Real Man	Read Replies (1) of 1301

The statistics is not what you call accurate in Russia, but yes, stock market is extremely cheap. Most investors were playing T-bills, which yield huge interest in real terms. Now they are in danger, and the statistics mess makes the mood worse. Here is one more useful link. megastories.com Russia has changed a lot since Gorbachev era. It looks the economy is picking up since 1994 as well - the old inefficient structures are being replaced by new efficient ones. This may be an opportunity of a lifetime, provided that reforms succeed. There are of course many hurdles on the way

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