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

To: Paul Berliner who wrote (993)	4/26/1999 8:16:00 PM
From: doormouse	Respond to of 1301

But why? VimpelCom will zero out by year's end (meaning become a penny stock) Can you be a little more specific,,, like why...?

To: Paul Berliner who wrote (993)	4/26/1999 8:22:00 PM
From: Rob Shilling	Respond to of 1301

Paul, great post, are you just being sarcastic when you say you are still a bear ??? Those are great numbers in that article. Other emerging markets like Brazil would love to have those numbers. And, higher oil prices haven't even taken effect !!! Some of the key things I saw were that March 1999's industrial production is 7% higher than the 1998 average. Also, unemployment has already bottomed. Also, wage arrears seem to be less of a problem. Considering that most estimates I have seen for 1999 Russian GDP are 5-7%, 1% growth would be great! --Good IMF news may come out this week, we will see.

To: Paul Berliner who wrote (993)	4/27/1999 2:37:00 PM
From: Real Man	Read Replies (2) \| Respond to of 1301

Paul, you must have some deep reasons to be a ferocious bear on Russia. Could you just state these reasons for us? I could find a lot of reasons to be bearish, but in general I'm not, even though I don't own any Russian stock at the moment (I believe the overpriced US market has to collapse at some point this year, taking the whole world with it; the RTS index then will make new all-time lows). One reason - even though there will be, I believe, a lot of progress in Russia, owning a public company may not be a very good idea. Public companies over there in general are stolen State enterprises, which are outdated, and their management could care less about them. -Vi