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: Rob Shilling who wrote (585)	8/31/1998 3:01:00 PM
From: P.T.Burnem	Read Replies (1) of 1301

Objectively, what are the odds of nationalization ?? It depends on the industry. For oil companies, the odds are extremely high. If you insist on gambling on Russian "securities", I suggest getting rid of LUKOY, TNT, ROS, closed-end funds, et.al. and using proceeds to buy VIP. VIP is not an old-style Soviet enterprise that the vodka breath has deeded to the Russian mafia, hence it is less likely to be nationalized. PTB

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