$19.15
-0.71 (-3.58%)
Vimpel-Communications JSC (ADR) (VIP)
CAPS Rating:
An open joint stock company, which offers telecommunications services.
An open joint stock company, which offers telecommunications services.
Recs
A premier runner in the telecom industry in the greater Russia and Surrounding areas with unlimited expansion potential. Additional serviced aimed for the current and furture markets is untapped, Currently selling for way below value. All long-term debt will be stabilized in less than a year when the ruble becomes strong again. There is no real downside to the company at this point besides the slidign ruble, but that will cease by Spring 2009 and begin to rebound.
Agree 100%. VIP at 6 - gimme a break! I'm buying...