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Technology Stocks : America On-Line (AOL)
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To: Tunica Albuginea who wrote (2682)1/15/1999 11:04:00 AM
From: stock_bull69  Read Replies (1) of 41369
 
This is taken from "The Steet.com" regarding the Brazil situation:

America Online (AOL:NYSE) announced last month it would be launching Latin American-targeted services within a year -- starting in Brazil, Argentina and Mexico -- in a joint venture with the Cisneros Group of Companies media conglomerate. "We have plenty of reasons to feel optimistic about investing in Brazil," says the Cisneros Group in a statement issued Thursday. "The country's Internet market of over one million users is growing rapidly and will continue to grow despite temporary ups and downs in the financial market, such as we are witnessing at the moment." An AOL spokeswoman says the company's plans regarding Latin America haven't changed.

Steve
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