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Technology Stocks : Nuevo Grupo Iusacell (CEL)

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To: Rob Preuss who wrote (4)11/15/1999 4:28:00 PM
From: Rob Preuss  Read Replies (1) of 206
 
Grupo Iusacell Rated New `Buy' at ING Barings


Princeton, New Jersey, Nov. 15 (Bloomberg Data) -- Grupo Iusacell
S.A.(IUSD MM) was rated new ``buy' by analyst Jeannette Baez at ING
Barings. The 12-month target price is US$18.00 per share.

==> $18/share seems too low. Based on the per-subscriber
valuation of comparable cellular providers, CEL should
be worth much more... like $36/share.
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