Investment in Russia and Eastern Europe Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Investment in Russia and Eastern Europe

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Real Man who wrote (920)	2/24/1999 1:21:00 PM
From: Rob Shilling	Read Replies (2) of 1301

Welcome back to the board Vi. I haven't seen you post in a while. You started this board, I was wondering what your thoughts now on what could happen to Russian stocks. Could we see a market cap near GDP level in a few years? From what I have been reading the Russian economy has bottomed. This could be the beginning of a very long growth spurt. Russia had managed 0.8% growth in 1998, but fell back to a 4.6% decline in 1998 thanks to low oil prices and the crisis. Some predictions are saying there will be a modest decline in 1999 (2%) or even a breakeven year (because year over year comparisons get easy later in the year). That means monthly year over year numbers will turn positive as early as maybe May of this year.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next