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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jyoti sharma who wrote (3025)1/14/1998 9:40:00 AM
From: Stewart Whitman  Read Replies (1) | Respond to of 78625
 
> Indosat IIT $ 14.00

Most satellite companies companies seem to float huge debt to build/launch satellites, so I'd wait for an updated balance sheet/cash flow statement before investing unless you're sure the currency crisis has not created a problem (short-term or leng-term).

Stew



To: Jyoti sharma who wrote (3025)1/14/1998 10:09:00 AM
From: Paul Senior  Read Replies (1) | Respond to of 78625
 
Jyoti: Seems like a package of them might work. Personally, I think it's ridiculous to speculate like this. Your analysis is too relative IMO. Blue chips in their countries? Right. There can be no blue chip stocks in countries which themselves are not blue chips. Markets cheap relative to US market? They should be cheap relative to US. They are so blatently rigged and crooked compared to our markets (which are more sophistically rigged and crooked -g-).



To: Jyoti sharma who wrote (3025)1/14/1998 10:56:00 AM
From: Kapusta Kid  Read Replies (2) | Respond to of 78625
 
Closed end country funds trading at a premium to NAV will be a tough sell on this thread...Pete