Vitech America tackles Brazil Message Board

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Technology Stocks : Vitech America tackles Brazil

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To: Mason Barge who wrote (113)	10/11/1997 12:41:00 PM
From: Tom Dooley	of 153

Concerning yesterday's buying binge, the only thing I can find that might have something to do with it was a little sentence from the OCT 13 IBD on page 2 ("To the Point"): 77. The U.S. embassy in Brazil will remove from an official guidebook its description of that country as a place where corruption is "endemic." My online searches for information have come up empty. Would our government's "upgrade" be enough to give a wait-and-see institutional investor a green light? Mike: About your cash flow concerns, I'd like to know, too. But to be honest, I just don't know enough about business to begin to research this. I'd like to learn, though. Could you go into more detail about what exactly worries you? Didn't Vitech burn a good bit of cash to buy Microtec? Tom

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