SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vimpel Comm (VIP) ADR's of the Russian Cellular Phone Co. -- Ignore unavailable to you. Want to Upgrade?


To: Savant who wrote (112)10/9/1998 6:52:00 PM
From: M. Frank Greiffenstein  Read Replies (1) | Respond to of 283
 
Shorting VIP....

Savant, the near term still looks terrible for VIP and ROS. The runup is temporary and has to do with decline in US dollar (meaning ruble denominated earnings improve). VIP has options, so I think I will buy me some put options come Monday. We will see more general strikes in the near future. Unless you are fortunate enough to live in Moscow, the country is a disaster. There will be more ruble devaluations and the dollar will get much stronger again.

DocStone