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

To: nonzeroa who wrote (917)	1/15/1998 1:14:00 PM
From: Jyoti sharma	Read Replies (2) \| Respond to of 9980

Nonzeroa, There are three Korean ADR's listed on NYSE. SKM, KEP, PKX all three trade at a premium of over 100% over their Korean market price. Good luck Jyoti

To: nonzeroa who wrote (917)	1/15/1998 6:47:00 PM
From: Thomas Haegin	Read Replies (1) \| Respond to of 9980

TIA and all, you'll love me, I hope <g>: the best site I know for this kind of stuff is the following: global-investor.com Take some time to explore it, Thomas

To: nonzeroa who wrote (917)	1/16/1998 8:51:00 AM
From: Worswick	Respond to of 9980

Probably some one will have answered you already NONZEROA. There are three Korean ADR's that trade in the US. Given the closed Korean market, soon to be opened, the ADR's trade at a premium to the underlying Korean shares. As of Tuesday (Jan. 13) the shares are premiums are PKX 148% premium: SKM 135% premium: and, KEP 82% premium. They are a steel company, a phone company and an electric company. The premiums, as I said, are expected to disappear when the market in Korea is opend later in the year. More hits to MAKOX and KF