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What to Buy
February 1999


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What to Buy at What Price aims at giving you a handy, compact summary of how Taipan's stock picks are standing in relation to our initially recommended buying range. Positions may be modified in the free Weekly Taipan Hotline - or call 410-528-8228.

Uni-Charm (8113-Tokyo) Buy Buy under US$48
Elbit Systems (ESLTF-NASDAQ) Buy Strong buy under US$12
Commodity Trust Fund Ltd (CMT-London) Buy Strong buy under US$1.40
Commodity Trust Fund Ltd. Warrants (CMT-London) Buy Speculative buy under US$0.15
Elbit Ltd. (ELBTF-NASDAQ) Buy Buy under US$3
*TyumenAviaTrans ADR (TYAVY-Pink Sheets, 902511104) Buy Speculative buy under US$5
Morgan Stanley Russia & East Europe Fund (RNE-NYSE) Buy Buy under US$19, Sell over US$11
Hurricane Hydrocarbons Warrants (HUHY-TSE) Buy Speculative buy under US$1.50
Restaurant Brands (RBD-NZSE Buy Strong buy under NZUS$1.30 (US$0.65)
>Sasol (SASOY-NASDAQ) Buy Strong buy under US$5
Avant Immunotherapeutics (AVAN-NASDAQ) Buy Buy under US$4.00
Ashanti Goldfields (ASL-NYSE) Buy Strong buy under US$10
# Orbotech (ORBKF-NASDAQ) Hold Sell over US$50
> Hurricane Hydrocarbons (HHLAF-NASDAQ) Buy Strong buy under US$2
*Orckit (ORCTF-NASDAQ) Buy Buy under US$21
> Mosenergo ADR (AOMOY-Pink Sheets, 037376308) Buy Strong buy up to US$2
Aladdin Knowledge Systems (ALDNF-NASDAQ) Hold Sell over US$14
Aramex (ARMXF-NASDAQ) Buy Strong buy under US$11
Suez Cement (SZCD-LN, CUSIP: 864690102) Buy Strong buy under US$20
Elscint (ELT-NYSE) Hold Sell over US$15
Elbit Medical Imaging (EMITF-NASDAQ) Hold Sell over US$14
* Shaman Pharmaceuticals (SHMN-NASDAQ) Hold Sell over US$9
>Surgutneftegaz ADR (SGUZY-Pink Sheets, 46625F104) Buy Strong buy up to US$4
* Xoma (XOMA-NASDAQ) Buy Buy under US$6.50
Elron Electronic Industries (ELRNF-NASDAQ) Buy Buy under US$17.00
Williams Controls (WMCO-NASDAQ) Buy Strong buy under US$3.25
>Exponent (EXPO-NASDAQ) (Formerly FAIL) Buy Strong buy under US$7
*Morgan Stanley India Investment Fund (IIF-NYSE) Hold Sell over US$10

* Speculative > Dollar-cost average during price weakness
# Sell covered calls against position




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