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


To: P.T.Burnem who wrote (584)8/31/1998 1:38:00 PM
From: Rob Shilling  Read Replies (2) | Respond to of 1301
 
Objectively, what are the odds of nationalization ??

If you stop looking at CNBC, and stop listening to CBS's false reports about Yeltsin stepping down, the odds of nationalization are very low. Of course you have to be objective and not be a "trend is your friend" investor.

If Russia nationalizes LUKOY: you get -100%

If Russian does not nationalize LUKOY: you get 300-1000% OR MORE!!

I like the risk/reward relationship here.



To: P.T.Burnem who wrote (584)8/31/1998 1:43:00 PM
From: Real Man  Respond to of 1301
 
Fears are overblown. Stocks are sold for nothing (a fraction
of book value) partly due to forced liquidation by bankrupt banks.
Russia is a mess.