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Strategies & Market Trends : Argentine stocks
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To: Tom who wrote (95)9/22/1998 3:27:00 AM
From: Tom  Read Replies (2) of 331
 
Victor, Z. Only have a minute.

Factors to keep in mind.

1) S.A. is incapable of recovering at current and relevant commodities pricing.

2) I am concerned that, should the involved parties attempt to affect another bailout for the Mercosurs, there will be a significant revolt. Could be the reason, beyond the October election, that Senor Cardoso is avoiding the topic. I don't believe Mr. Menem is want to tango with the repercussions of another bailout either.
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