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Table: Playing Central Europe's Brave New Markets


Cover Story: Where To Invest '96: Strategies For Stocks: Central Europe

TABLE: Playing Central Europe's Brave New Markets

PRICE P-E

COMPANY ON DEC. 6 RATIO*

KOMERCNI The Czech bank has cleaned

up its portfolio $18.65** 4.6

EGIS An undervalued favorite among

Hungarian drugmakers 24.27 5.0

GORAZDZE One of the cheapest emerging-market

cement companies--and Poland's

biggest 22.80 6.1

VSZ Slovakian integrated steelmaker has

a strong market position 14.30 2.5

GRABOPLAST Home-improvers in Hungary will buy

its building materials 13.04 7.2

*On estimated 1996 earnings ** Global depositary receipt, traded in London

DATA: CREDITANSTALT INVESTMENT BANK, BLOOMBERG FINANCIAL MARKETS


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