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Technology Stocks : Nuevo Grupo Iusacell (CEL) -- Ignore unavailable to you. Want to Upgrade?


To: Nancy Haft who wrote (44)2/11/2000 9:56:00 AM
From: Rob Preuss  Read Replies (1) | Respond to of 206
 
[Stockman says 3 Month Target $50/sh. By end of year: $100/sh.]

In a private email message to folks signed up on
his list at <http://www.stocko.com/>, Stockman
says CEL will reach $50/sh within 3 months with
a potential to reach $100 by the end of the year.
He also says the CEL earnings are due out during
the week of 21 February 2000.

See his club on Yahoo! (new address):
clubs.yahoo.com



To: Nancy Haft who wrote (44)2/14/2000 10:31:00 AM
From: Rob Preuss  Respond to of 206
 
[J.P. Morgan initiates CEL coverage with a BUY recommendation.]

Monday February 14, 9:38 am Eastern Time

Alert: Jp Morgan Starts Grupo Iusacell as Buy (NYSE:CEL)

(This is a headline-only alert, although it will likely be
followed by an article soon)

+++
Mexican stocks trade higher at the open

MEXICO CITY, Feb 14 (Reuters) - Mexican stocks traded
slightly higher at the open on Monday ...

[snip]

JP Morgan started Nuevo Grupo Iusacell , Mexico's No. 2
cellular service operator, as a buy.

Iusacell shares in the local market hadn't traded yet but
closed Friday at 22.60 pesos. Its ADRs (NYSE:CEL - news)
rose 1-1/2 to 25-3/4 in New York early on Monday.



To: Nancy Haft who wrote (44)2/14/2000 11:24:00 AM
From: Rob Preuss  Read Replies (1) | Respond to of 206
 
[CEL in satellite phone deal with Globalstar.]

Monday February 14, 11:16 am Eastern Time

Mexico's Iusacell and Globalstar in satellite phone deal

MEXICO CITY, Feb 14 (Reuters) - Nuevo Grupo Iusacell,
Mexico's second largest cellular operator, will start
marketing satellite phone services and products
from Globalstar de Mexico, provider of Globalstar
Telecommunications (NasdaqNM:GSTRF - news).

The two firms said in a news release Monday that Iusacell
(NYSE:CEL - news) will offer customers Globalstar satellite
telephone systems that use land-based CDMA (code division
multiple access) technology for communications within the
cellular coverage area of Iusacell.

The Mexican firm also will offer Globalstar's services where
cellular coverage is unavailable.

``The Globalstar systems are trimodal, and they provide CDMA,
analog and satellite digital transmissions in a single
terminal unit,' said Amaury Rivera, Iusacell's vice
president of marketing.

Iusacell, managed and operated by subsidiaries of U.S. phone
firm Bell Atlantic (NYSE:BEL - news), had some 1.1 million
suscribers as of September 30, and is second to market leader
Telcel, the cellular unit of former monopoly Telefonos de
Mexico (Telmex) (NYSE:TMX - news).

Telcel reported 5.272 million users by the end of 1999.



To: Nancy Haft who wrote (44)4/13/2000 4:35:00 PM
From: Rob Preuss  Respond to of 206
 
[Mexican ADRs on the Radar]

Thursday April 13, 2:10 pm Eastern Time

Mexican ADRs on the Radar
By Peter Marber, Emerging Markets Columnist

[snip]

It's a Cellular's Market

Like Telmex, Grupo Iusacell (Nasdaq:CEL:) -- a favorite of
mine for more than a year -- is also seeing rapid growth in
its client base. Pre-paid subscribers grew 103% between 1998
and 1999. Iusacell, Telmex's leading competitor in the
cellular sector, plans to concentrate on high value-added
services, such as Internet telephones.

The introduction of such advanced cellular devices should
further boost Mexico's already booming cellular industry.
Iusacell is down hard from its February high of 26 1/2 (at
peak, up almost three-fold from autumn 1999) and is currently
hovering around 15.

[snip]
====

Above is an excerpt from

biz.yahoo.com