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Strategies & Market Trends : Investment in Russia and Eastern Europe -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (480)8/21/1998 1:51:00 PM
From: Racso  Read Replies (1) | Respond to of 1301
 
GTSG is the most attractive short I can find precisely because it it not oversold at all. The stock is only down 25% from its high, whereas Rostelecom [ROS] is down 81%, Vimpelcom [VIP] is down 72% and PLD Telekom [PLDI] is down 61%. Credit Suisse, the bank with biggest exposure to Russian local bonds is down 22% already. Latin America has reacted already, for example Telebras-TBR is down 45%.