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Technology Stocks : StarMedia Network, Inc. (STRM) -- Ignore unavailable to you. Want to Upgrade?

To: Netwit who wrote (365)	8/17/1999 7:10:00 PM
From: $Mogul	Read Replies (1) \| Respond to of 518

STRNM will fly- This is just the begining..seems that "The Street", sees MSFT into Brazil as HUGE for STRM...why because their next!!!! StarMedia surges on Microsoft's Brazilian interest Shares in the company rise 27 percent after Microsoft's investment in a Brazilian cable company invigorates investor optimism for Latin American Web use. By Bloomberg News Special to CNET News.com August 17, 1999, 3:30 p.m. PT NEW YORK--Shares of StarMedia Network, which runs Web sites serving Latin America, rose 27 percent after Microsoft's investment in a Brazilian cable company invigorated investor optimism for Latin American Web use. The New York-based company's shares rose 11.13 to 52.5. Microsoft, which has invested in cable companies to promote faster Internet access and to open new markets for its software, paid $126 million for an 11 percent stake in Brazil's No. 1 cable provider, Globo Cabo. The investment raised the prospect of other such infrastructure investments that could boost Internet use in the region. "There's going to be significant dollars committed to the Latin American market. StarMedia is the first mover," said Goldman Sachs analyst Vik Mehta, who has a "market outperform" rating on the stock. The number of Web users in Latin America more than doubled in 1998 to 5.3 million and is expected to grow to 31.9 million by 2003, according to research firm Dataquest. StarMedia Network is taking on heavyweights America Online and Yahoo in trying to capitalize on the rapid adoption of the Internet in Spanish- and Portuguese-speaking countries. StarMedia Network has acquired rivals such as Spain's LatinRed and Brazil's Cade. Copyright 1999, Bloomberg L.P. All Rights Reserved.

To: Netwit who wrote (365)	8/27/1999 12:03:00 AM
From: $Mogul	Respond to of 518

This is a week old..but I happened to miss this. I also saw a very good interview on CNBC by Martha McCullum talking about latin America. Did you know latin Americans make up 10% of the poupulation...staggering I thought. Stock Picking w/ Mike Malouf and Alan Wapnick-STRM, FLE, K From: Michael Carrozzo Date: 7/16/99 Time: 9:59:21 AM Remote Name: 209.224.198.10 Comments Stock Picking with Mike Malouf and Alan Wapnick- STRM, FLE, K Mike Malouf of Neuberger-Bermen Millenium and Alan Wapnick of Lexington Growth and Income STRM-has a dominant Latin America portal and has more market share in the U.S. than YHOO and AOL combined. It is a great stock and a good long-term hold. FLE- is a very cheap stock with earnings going sideways for about three years now. It is selling at 8 times earnings, but is caught by a lot of competition. K- is also a very cheap stock, but is losing market share in a very weak section- packaged food. Retailers are taking control of that section, and K is doing nothing to improve. This is a stock that one should wait on.