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


To: baystock who wrote (38)8/18/1998 12:03:00 AM
From: Rob Shilling  Read Replies (2) | Respond to of 80
 
They are not numbers out of a hat.
$4 billion is fairly close to fair value. Look at the price they are trying to get for Gazprom, it is several times higher per share than what Gazprom is trading for in Moscow. The Russian stocks have been traded down to the point where selling exhaustion is drying up volume. The prices that the Russian stocks are at are unrealistic and way below their true market value.