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To: tdl4138 who wrote (40117)3/16/1999 3:43:00 PM
From: Bald Eagle  Read Replies (1) | Respond to of 95453
 
<<If their economy totally collapses>>
I thought their economy had been collapsed for several years already.
I don't know exactly what it is, but their GDP is small compared to other industrial countries.



To: tdl4138 who wrote (40117)3/16/1999 3:46:00 PM
From: marc chatman  Read Replies (2) | Respond to of 95453
 
Either that's an error, or you scooped CNBS (of course, what would a mere 38% crash in the Russian market mean to the media in light of the assault on 10k -- <g>).

But speaking of Russia, and oil:

biz.yahoo.com



To: tdl4138 who wrote (40117)3/16/1999 3:53:00 PM
From: upanddown  Respond to of 95453
 
Re Russian market....

That has to be a mistake. No news anywhere. Russia is the only European market that CNNFN does not have a closing price for today. Holiday ? While the CNBS hypesters are busy with their Dow 10000 celebration, even they wouldn't have missed that.

John



To: tdl4138 who wrote (40117)3/16/1999 4:27:00 PM
From: shust  Respond to of 95453
 
Russian market hit another high today since it collapsed last August.

I was touting LUKOY as the cheapest stock in the universe a couple of months ago under 10 and it hit 28 today.

It's the worlds third best performing market since Jan. 1.

I expect the IMF to start their program again. Ukraines was just announced today.

If this happens expect the Russian market to double right away.

shust