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Technology Stocks : Korea Telecom - KTC -- Ignore unavailable to you. Want to Upgrade?


To: Neil H who wrote (2)5/28/1999 11:08:00 PM
From: Jon K.  Respond to of 5
 
Neil, you beat me starting this KTC thread ;o)

Nice day for KTC today... up almost 5% to 31 3/4.
I got some KTC through IPO.(KTC and BNBN was my first 2 IPO purchase, and so far so good<G>) I chose KTC to diversify my portfolio. I plan to add a few more ADR in next few months.

This is the one company that cannot go belly up unless Korea government bankrupt. With KTC tapping into internet business, I am pretty sure they will continue to grow and continue to be the dominant telecom company in Korea.

My only concern is Korean stock market has almost tripled in one year. I expect some pull back of Korean stock market soon. But over the long run, I expect KTC to do well.

Good luck!