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Strategies & Market Trends : RICA - Costa Rica International, a hot new stock
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To: The Street who wrote (97)1/17/1999 12:45:00 AM
From: tom terry  Read Replies (1) of 103
 
From company web site:

Rica Foods Inc. is the parent company of the largest producers of poultry products in Costa Rica and becoming among the largest in Central America and the Caribbean. Rica Foods Inc. controls Corporación Pipasa and Corporación As de Oros. PIPASA is considered the most recognized leader in Central America in chicken production with its familiar brand names and quality products. As de Oros, similar to Pipasa, conducts business in chicken production, derivatives, meat products and animal concentrate. It sells over 80 different chicken and sausage products, commercial eggs and 70 different formulas for poultry, hogs and cattle. As de Oros also owns and operates one of the largest fast food restaurant chains in the country, "Restaurantes As de Oros", which are located mainly in the metropolitan areas, yet are just as popular in the rural areas.

The big kicker will come,of course, when they start shipping to the U.S. which is a huge chicken market!!!
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