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

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To: Savant who wrote (272)5/30/1999 10:20:00 AM
From: Gustaf  Read Replies (1) of 283
 
Earnings : 0,01 vs. est 0,63

They seem to have missed earnings by a mile (by 98,5 %)- or were the estimates not up to date ? No particulary negative reaction on Friday.
Let's wait for next week's comments from Goldman & Bear Stearns.

Any opinion, whether their expansion plans make sense in this
difficult economical environment ? As I understand, customers are
beeing billed in US$, which makes their service unaffordable, but to
a very small society. Can they amortize their investments with such
a small customer base ?

Gustaf

(I have some June & July puts)
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