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: Paul Berliner who wrote (993)	4/27/1999 2:37:00 PM
From: Real Man	Read Replies (2) of 1301

Paul, you must have some deep reasons to be a ferocious bear on Russia. Could you just state these reasons for us? I could find a lot of reasons to be bearish, but in general I'm not, even though I don't own any Russian stock at the moment (I believe the overpriced US market has to collapse at some point this year, taking the whole world with it; the RTS index then will make new all-time lows). One reason - even though there will be, I believe, a lot of progress in Russia, owning a public company may not be a very good idea. Public companies over there in general are stolen State enterprises, which are outdated, and their management could care less about them. -Vi

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