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Non-Tech : GTR Groupo triebasa.. Look at the chart.. A winner

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To: Rohit Nanavati who wrote (82)3/11/1998 1:05:00 PM
From: jianwei  Read Replies (1) of 214
 
So far all the news are very good. The price do not response as the good keeping coming. Once the Mexico stock market is in better shape, GTR may jump over $10, since all those short sellers have to cover their positions.

Europ bond is better deal, or what. How can this Europ bond issue help GTR? GTR has too heavy debt, which gets them into trouble when the Mexico peso depreciated in the beginning. Why they want to obtain fund by bond? Can they built their business by generating internal cash. How can they get a good term of bond issue due to their current trouble with heavy interest payment? Is there anyone knowing more about those questions?

I am still holding large positin with GTR. I just like to ask question about this current development. Any reply will be appreicated!!!

JW
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