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Emerging Plays
COMPANY PRICE* P-E RATIO** POHANG IRON & STEEL S. Korea $16*** 7 One of the world's most efficient producers JOHNSON ELECTRIC Hong Kong 22*** 19 Micromotor maker with strong European and U.S. sales TELESP Brazil 17*** 2 Phone operator is a defensive play in a recession BANGKOK BANK Thailand 2*** NA Lending margins are widening as interest rates come down* Dec 14 ** Estimated 1999 earnings *** American depositary receipt
DATA: BUSINESS WEEK, BLOOMBERG FINANCIAL MARKETS
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Updated Dec. 17, 1998 by bwwebmaster
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