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Technology Stocks : Vimpel Comm (VIP) ADR's of the Russian Cellular Phone Co. -- Ignore unavailable to you. Want to Upgrade?

To: Savant who wrote (115)	10/9/1998 7:10:00 PM
From: M. Frank Greiffenstein	Read Replies (2) \| Respond to of 283

Zuganov, call your office! I agree that cell phones are more reliable. But the issue is one of paying the bills, which I think is the only issue in the short run. Savant and Alexander, found an interesing aside in a column by Bill Fleckenstein. He talks about plans in Russia to back currency with gold. Check it out: Acording to Kommersant, the Russian government has a plan to guarantee its banking system by issuing gold coin. The story has it that 20 tons of gold will be used to mint coin in a number of different denominations, to be put in circulation by year-end. This is very bullish for gold. The parallels between 1929, 1972 and 1987 continue to amaze me, as we have many parts of all those periods coming together now. For full artcile, go to stocksite and check out Fleck's "market Rap". It is a must reading for former bulls who beleive value and/or bearishness is the proper investment attitude for the next year. DocStone