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Strategies & Market Trends : RICA - Costa Rica International, a hot new stock

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To: Syd Deem who wrote (86)4/15/1997 10:36:00 AM
From: Charles A. King   of 103
 
Syd, there will little interest for a while. Meanwhile, interest is heating up Latin American investment. Go to

barrons.com

And click on "Hot as a Chili Pepper".

The attention of the world will be on Costa Rica briefly when President Clinton visits May 7 - 9, go to

ticotimes.co.cr

Right now RICA is getting its assets audited again, this time by Peat Marwick. RICA also has a new attorney, and I hear a rumor they are developing a relationship with a big financial institution, I don't know who. In other words, they are getting their ducks in a row for the future as a full NASDAQ company, but they've demonstrated they have a lot to learn about being a public company in the USA.

Meanwhile, they are sticking to running their business, and demonstrating progress. For the latest news release, go to

biz.yahoo.com

Regards,

Charles
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