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Technology Stocks : Rostelecom (ROS) the Russian Telecom Company -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (5)7/6/1998 10:04:00 PM
From: Rob Shilling  Read Replies (1) | Respond to of 80
 
Close, but no cigar. I think the rubles quoted in the dividend are "old rubles". So I think you have to divide by something like 100,000 to get the right the answer.
I think ROS is undervalued anyway. It has sales of around $1.5 billion and growing. It's book value is about $24 a share yet it trades at $12. It has very little debt and it is growing.
ROS has been way oversold. It looks like the crisis may end this month if the Duma finishes signing most of the bill on the 15 and 16 and if the IMF gives Russia an emergency loan this month.