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Hot Stocks In Cheap Markets

COUNTRY         AVERAGE    HOT STOCK                            P-E*
               MARKET P-E
RUSSIA             2       Lukoil (oil and gas)**               neg.
POLAND             7       Kety Aluminum (metal products)       14
HONG KONG         14       Climax Intl. (photo albums)           7
SOUTH KOREA       15       Korea Mobile Telecom (phones)        23
BRAZIL            16       Telebras (telecommunications)**      18

*On 6/4/96
**American depositary receipt

DATA: ING BARINGS, BUSINESS WEEK SURVEY


Updated June 14, 1997 by bwwebmaster
Copyright 1996, Bloomberg L.P.
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