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Technology Stocks : Vimpel Comm (VIP) ADR's of the Russian Cellular Phone Co.
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To: Anton Derguilev who wrote (30)2/21/1997 9:41:00 AM
From: Umnik   of 283
 
So, Comrade Anton, you DO support my view. Glad there is someone that does. As far as you Motherland, you can have it and some. For the record, I am an American, however, I wasn't this way all my life. And your Motherland was none too unhappy when my family left it 20 years ago. To be really accurate, I have been to Russia a few times, but was born in Ukraine. Finally, I live in a free world country protected by the 1st Amendment (Free Speach) and if I feel like being realistically tough on your country, that's just too bad, isn't it?.

Back to VIP. I foresee decent, but not great growth potential. Why?
1.Current lack of competition.
2.This sector in Russia is obviously in the very early in its growth cycle.
3.See previous post and Anton's re: political and socio-economic climate there.
4.Until cellphones become easily affordable by their middle class which is rapidly diminishing (see point 3) this will be a niche thing affordable only by a proportionally small group of upper class.
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