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Strategies & Market Trends : Investment in Russia and Eastern Europe
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To: Rob Shilling who wrote (437)8/14/1998 3:03:00 PM
From: Real Man   of 1301
 
It's fading now... CNBC commentaries are very bearish. Like the
market is dead (it is). I keep looking at TNT as a possible play
when the market is sold off again. The dividend now is 10%.
Of course, it will get considerably reduced if the Ruble is
devalued. But if I could catch it below 3, around 20% dividend
would be just fine. Will pay back the price of the stock in 5 years
(if the ruble is not devalued too much). -Vi
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