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Technology Stocks : Nuevo Grupo Iusacell (CEL)

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To: Nancy Haft who wrote (76)8/23/2000 2:23:54 PM
From: Rob Preuss   of 206
 
Benedict Thomas (manager T. Rowe Price Latin America Fund) likes TMT stocks.

TMT = telecommunications, media, and technology.

Source:
biz.yahoo.com

[snip]

Other TMT favorites include Mexican wireless carrier Iusacell
(NYSE:CEL - news), which is controlled by Verizon
Communications (NYSE:VZ - news), and media giant Grupo
Televisa (NYSE:TV - news).

Both stocks are down for the year, but over the last two
years, they've delivered 100%-plus returns. Thomas likes
Iusacell's focus on the top end of the market, a focus that
has helped improve its margins, in contrast with other Latin
wireless carriers.

[snip]
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