Financial Times columnist recommends Estonian stock market

LONDON - Stocks listed on the Tallinn Stock Exchange are in the opinion of a Financial Times columnist an attractive investment opportunity this year.

"One of my more offbeat tips is to look for investment opportunities in Estonia. Earlier this year I visited Tallinn, the capital, and enjoyed it immensely: friendly people, a new, user-friendly airport, excellent public transport and many historic sites," Kevin Goldstein-Jackson wrote late last year in Britain's leading business paper's "My Portfolio" column for 2002. "Estonia is the venue for the 2002 Eurovision Song Contest, so more people will become aware of the Baltic state's attractions. I shall be looking at the Estonian stock market for possible bargains," he added.

Another columnist, John Lee, recommends to buy shares in Britain's leading jewellery maker Abbeycrest, which he says are absurdly undervalued. Peter Temple, for his part, considers fixed-rate bonds the best bet.