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Strategies & Market Trends : ICA - Empresas ICA (Mexican Construction Co.)
ICA 0.5670.0%Jul 11 5:00 PM EST

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To: Jibacoa who wrote (6)1/25/2001 4:01:01 PM
From: OldAIMGuy   of 9
 
Hi B, Thanks for the heads-up on the news. I hadn't seen it yet, but had noticed the recent rise of ICA's stock. There's not been much news from them in a while. I did some serious down-side averaging in their stock at about $1-7/8 last summer, but haven't added any since.

I also own some of their convertible bond (ICARA?) and it's been reasonably stable for some time. It should get a boost from any debt reduction as it should strengthen the bond rating.

Best regards, Tom
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