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Technology Stocks : SKM, S.K. Telecom, nyse, depressed buy, w/close stop -- Ignore unavailable to you. Want to Upgrade?

To: funk who wrote (5)	11/7/1997 1:00:00 PM
From: Rodney Glover	Respond to of 122

No. Unforturnately, bought yesterday @ 6 1/8...I haven't figured out what's going on with the company thats so bad to cause this price decline. But, as always, I'll find out to late. Hope it's nothing to bad, seems like a good leading company at a very cheap price?

To: funk who wrote (5)	11/7/1997 4:16:00 PM
From: Jim Goodman	Respond to of 122

just missed buying it at $ 5 1/8 today, will see how acts early Monday....if I did buy, it would just be for an oversold bounce, towards perhaps the 8.00 area....with a close stop just below 5. best wishes,

To: funk who wrote (5)	11/7/1997 4:39:00 PM
From: Jyoti sharma	Read Replies (1) \| Respond to of 122

Aeashley: I have owned SKM for sometime and have averaged down. SKM is a Korean blue chip stock suffering from Korean Market meltdown. SKM will not recover till Korean political and economic problems are solved. SKM has a next year projected P/E of less than 10. Revenues are growing at a fast pace and is a selling at less than half of its growth rate. The stock on NYSE trades at a 40-50% premium of the Korean price. IMO SKM is a long term investment with a lot of short term pain. Good investing