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Strategies & Market Trends : Investment in Russia and Eastern Europe

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To: Real Man who wrote (838)11/23/1998 10:58:00 PM
From: Rob Shilling  Read Replies (1) of 1301
 
Yea, Vi, it is incredible that one individual stock could be greater in value than an entire country's stock market !! I just think some day people are going to look back at this time when Russian stocks were so cheap, and find it hard to believe what an incredible buying opportunity it was.
They are still real cheap. Lukoil has to triple to get back to book value! ROS has to get to around 15 to be 1X sales (pre-devaluation).
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