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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (577)	1/8/1998 10:44:00 AM
From: Worswick	Respond to of 9980

Tommasso you have been a bright light on Japan issues as well. As to the pricing of SKM Korea was supposed to open it's market Jan.1. I guess god opened the market instead. At any rate SKM appears to be selling in the ADR at a 60-90% premium to the underlying Korean shares. Hopefully, the premium will disappear in the days/months ahead. You might check the Yahoo Message Board on SKM where there has been significant posting on the valuation issues of Korean ADR's. The SKM board has over 200 posts starting from the second post on ADR pricing. Thanks Jyoti for turning me on to SKM.