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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: bobby is sleepless in seattle who wrote (75119)12/13/1999
From: Jenna  Read Replies (3) of 120523
 
For this week and longer, every stock Korean, China..Latin American based.. There was a good article in Business Week about economies of South Korea, China, Argentina and the flourishing desire to invest in their stocks. Korea Telecom, China Telecom, Telefonos de Mexico, Brazil's Telebrazs. India's software makers (SIFY).. They are internationally competitive and reasonably priced on a global basis..

The Koreans are becoming a nation of cybertraders.. 38.3% of all stock trades, including those by institutional investors, were transacted online in October. Lots of our brokerages are jumping in. E-Trade and Japan's Softbank said they will start a new Korean online brokerage in which which LG Investment & Securities (with 300,000 on line accounts generating $10.2 billion in transactions in October alone)...

The Industry Standard Dec 13 edition speaks of the venture capitalists funding Internet startups in Argentina.. and the entire Latin American online market. 400 million Spanish speakers make quite a large population for the internet which they say will grow from 6.5 million today to 30 million or more in the next three years. Latin America is the great hope.. Argentina has build a state of the art telecommunications system and is enjoying rapidly falling telecom prices as a result.

Venture capitalist interest in Latin America dot.com companies was dramatically enhanced by the success of StarMedia Network, and Spanish and Portuguese portal, now sports a market capitalization of more than $2 billion. "There are now a huge number of entrepreneurs with wonderful ideas. It is really an entrepreneurial revolution in Latin America.." ...most agree that business-to-business startups will see the most activity in the near future.

Companies that want to go public are better off doing so from the United States.
"We recommend incorporating the company in the U.S.and launching the IPO on Nasdaq," ... Businessmen in the United States are loving what they see."..
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