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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!
DGIV 0.00Dec 5 4:00 PM EST
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To: klinetime who wrote (3726)5/6/1998 6:34:00 PM
From: Ronaldo  Read Replies (1) of 50264
 
Hi, I'm a lurker who has decided to make public his dgiv-aholicism.

"Pablo Escobar" has raised the issue about investing in unstable countries, and this is an issue which to a US citizen with no foreign experience might sound terrifing.

I live in a stable country(hopefully it will remain this way) which was really chaotic until some years ago.

I bought my present Co. one month before hiperinflation broke out (I had no idea the s*** would hit the fan). Hiperinflation lasted from 1989 to 1991. It was tough but I survived . Jimmy bought better than I, he bought after the storm broke out.

It all depends where you stand: on the inside looking out or on the outside looking in.

What I can convey is that after the economy had stabilized the assets in the country, were strongly "revalued".

I would like to point out that countries do not go broke. They can have liquidity problems, they might change owners/ governments. I've seen small stores disappear, I have yet to see a country "close shop"
for economic reasons.

What is happening in Indonesia will pass, at some moment governments and governed will reach some sort of tacit agreement, everybody needs growth.

If this move seems great in the short term (at least to me) it will look brilliant in the medium term.
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