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Technology Stocks : Rostelecom (ROS) the Russian Telecom Company
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To: Rob Shilling who wrote (35)8/17/1998 9:42:00 PM
From: Rob Shilling  Read Replies (1) of 80
 
I say it is time to buy ROS.
devaluation is behind us. It was only 30%. ROS still has a super low PE of between 4 and 5. Svazinest's (sp?) minimum bid is $1 billion for 25% of the company. Svaziest owns 50% of ROS. If you assume half of Svazinest's value is ROS, then 25% of ROS could be worth $500 million. So ROS should be worth a minimum of $2 billion. But right now it is at $800 million.
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