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: djane who wrote (550)	8/27/1998 11:47:00 AM
From: Real Man	of 1301

Giving more money to Russia now does not make sense - aftr so much western aid was distributed through "channels" instead of supporting teachers, pensioners, etc., especially after Yeltsin fired Kiriyenko. I have looked at RTS - this is a dead market (shares are sold at, say, 0.01, bought at 10 - look yourself rtsnet.ru), still goes down due to the most liquid shares, on which spreads are less. There are no buyers, and selling prices are very low. Maybe, if the aid is stopped, Russia will be forced to reform. Nationalization is unlikely - people who created this change of government are those with money - not interested in it.

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