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Technology Stocks : Rostelecom (ROS) the Russian Telecom Company -- Ignore unavailable to you. Want to Upgrade?

To: Rob Shilling who wrote (78)	7/14/1999 12:47:00 AM
From: shust	Read Replies (1) \| Respond to of 80

Rob- I was thinking of buying PLDI as a MMG play. I'm looking to possibly add to my MMG position. I'm waiting to see how how this China situation plays out. The Yuan needs to be devalued and we have gotten some hints the past couple of days that it may happen sooner than later. This could cause some instability in MMG stock price. Oil prices have been a big key in the Russian market. LUKOY was double whammied last year. Low oil prices and the economic meltdown. There is going to be a lot of instability, but the reward is very high. This strength in the Russian market has put some people's portfolio's overweighted in Russian equities so it's smart to sell part of your position. I did a bit of selling already and am playing with the houses money now. I worked in Moscow from 95-98 and had an awesome time. Hope it pans out for us. shust