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


To: Jyoti sharma who wrote (63)12/30/1997 1:17:00 PM
From: Surfer  Read Replies (1) | Respond to of 122
 
Hi Jyoti and Others:

Thanks for your insight post.
> Their is another way to buy Korean companies with less premium by investing in Korea fund. KF is the oldest fund and buys its securities directly in Korea. KF is trading at a rough premium of less than 30%(Won 1600= dollar) .>

I'm worried about Rights Offering. Are there any rights offering coming up? The last one KF had was in March 1997. See below link:
biz.yahoo.com

Any help.



To: Jyoti sharma who wrote (63)12/30/1997 2:15:00 PM
From: Rational  Read Replies (1) | Respond to of 122
 
Hi Jyoti:

Caution is needed to hang on to even great S Korean companies mainly because of the premium. Please let me know if my premium calculation is in error.

Sankar