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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: Paul Berliner who wrote (252)	4/29/1999 9:02:00 PM
From: Savant	Respond to of 283

Call me an optimist, but amongst the figures, I saw consolidation, growth, and entrenchment in their position. I particularly liked this part... ============================ Zimin continued the launch of our prepaid service in our D-AMPS and GSM Moscow networks has helped boost sales by broadening our potential market and capturing a more cost-conscious subscriber segment to fill unused capacity of our networks. Prepaid services have also helped retain customers most affected by the economic downturn. During the month of March, in response to a prepaid service promotion, weekly sales rose to pre-crisis levels. During the course of the year, as we complete the build out of our dual-band GSM-900/1800 network, we plan to launch other new products as a means of further growing our subscriber base." ================ The investment in the GKOs was somewhat short sighted, but hey, we're not all perfect, and did they really have a choice? Best, Savant