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Author: ARBITRAGEUR Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 32  
Subject: Re: re: how high can it go Date: 1/18/1999 8:20 AM
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KEP ADRs sell at 40% premium over Korean Shares!

Most investors do not seem to know, that one KEP ADR is equal to 1/2 shares of the Koerean (domestic shares)

Check whtis yourself at ADR.COM

Monday ythe shares in Seoul closed at 1181 Won )one dollar queals 1181 Wonds). The premium is 40.6%.

If you are interested in Korea, why not buy the closed end funds KEF, KIF, FAK or KF which all sell around10% discount.

I am short KEP
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