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To: Slaran who wrote (125)12/8/1999 7:20:00 PM
From: Candle stick  Read Replies (1) | Respond to of 195
 
Tom Calandra chief economist at CBS marketwatch has PASA in the news again today.......he really likes it as a takeover play....

cbs.marketwatch.com yhoo&dist=yhoo

-- Next week, Spanish Internet services provider
Terra Networks (TRRA: news, msgs) will see its
IPO "quiet period" come to a close. As reported
here, Terra's executives on their initial public
offering road show and in their prospectus materials
said they are on the hunt for Spanish language portals. A previous
StockWatch column examined prospects for tiny Quespasa.com (PASA:
news, msgs) of Arizona, which holds a $130 million market capitalization,
and privately-held www.yupi.com.

The looming IPO of Argentine Internet service provider El Sitio (proposed
ticker: LCTO) later this week might fan the flames. If the Argentine Web
site gets a robust market capitalization after the Credit Suisse First
Boston-led offering on the U.S. stock market, investors might turn to
Quepasa.com as a takeover target. Terra Networks CEO Juan Perea
Saenz de Buruaga has said he is willing to buy Spanish-language Web sites
to broaden his company's appeal to Hispanic Americans. Shares of
Quepasa.com on Wednesday, after this column was published, rose 1 1/16
to 10 1/16.



To: Slaran who wrote (125)12/14/1999 3:02:00 PM
From: Candle stick  Read Replies (1) | Respond to of 195
 
PASA CEO is on CNBC Squawkbox Wed. morning to discuss a major announcement.....that's all I know....stock spiked up to 13 7/8 from 12 on this mention on CNBC this afternoon...