CEE: With a P/E (ttm) of 3.46

**shemp** Sun Jan 08, 2006 8:37 pm

CEE: With a P/E (ttm) of 3.46
BUSINESS SUMMARY
Central Europe and Russia Fund, Inc. operates as a nondiversified closed-end management investment company. The fund invests primarily in equity and equity-linked securities of companies operating in central Europe and Russia. Its portfolio of investments comprise companies operating in various sectors, including commercial banking, telecommunication, food product, metals and mining, multiutilities, oil and gas, Internet software and services, and media sector. Deutsche Asset Management International GmbH serves as the investment adviser of the fund. The fund was incorporated in 1990 and is based in New York City.

Market Cap: 489.35M
P/E (ttm): 3.46
EPS (ttm): 13.89
Div & Yield: 3.05 (6.40%)

Emerging market, with extremely low P/E. Blast, can you take a look? Why did you skip it from your screening?

Thanks

**blast_investor** Sun Jan 08, 2006 9:31 pm

Hi shemp:

Central Europe & Russia Fund Inc. (CEE) is closed end mutual fund.

A closed end mutual fund is not an operating business. The fund is traded around their Net Asset Value.

PE is not relavent in a stock like CEE.