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Microcap & Penny Stocks : Madera International - Symbol WOOD
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To: Lance who wrote (1116)2/5/1999 2:31:00 PM
From: Ritchmc  Read Replies (1) of 1979
 
Perhaps Brazil unstable situation has people worried. Could the thing be nationalized, or if a military government takes over again, would things change? Or is Brazil over all that and can take the severe devaluation of its currency without going crazy. Things do seem dicey down there because of the mismanagement of the economy. My friend who works at a american company down there has a 24 hour armed guard around his house and an armed guard rides on the school bus as well. I think things are going to be fine, but a lot of people are not happy with their poverty lives and this devaluation is a further squeeze.
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