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Technology Stocks : Vimpel Comm (VIP) ADR's of the Russian Cellular Phone Co.

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To: michael j. brown who wrote (97)10/4/1998 12:02:00 PM
From: Savant  Read Replies (1) of 283
 
The letter of intent will allow the ICOGF potential future customers to utilize the services of VIP when in Russia. That should provide some future revenue...1-2 years away. IRIDF customers should be able to do the same with VIP. IRIDF is starting world wide service in November, barring difficulties. LOR is another player.
For the moment, I am awaiting the next 10Q, to see how the current currency dilemma is impacting VIP's revenues. How are the bills being paid, rubles, dollars, or gold? Best,Savant
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