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Strategies & Market Trends : RICA - Costa Rica International, a hot new stock -- Ignore unavailable to you. Want to Upgrade?

To: lloyd bashaw who wrote (1)	9/3/1996 6:58:00 AM
From: Charles A. King	Respond to of 103

The analysts who actually went to Costa Rica came back with exciting news, in my opinion. The news was that everything they were told in the analysts meeting in NYC on Aug. 6 was true and then some. I believe they snooped around and got on to some behind the scenes scuttlebut such as the pending increases in monthly shipments, such as the coming approval to ship to the US, such as cherry-picked acquisitions waiting in the wings (waiting for them to get the stock price up) ... Anyway, you get the picture. Are funds going in? No way, float much too low, they can't be bothered with making 1,000 share buys, they go with 100,000 share buys. Funds will only become interested when enough acquistions have been made to get the float WAY up. For that to happen, a sequence has to take place, in my opinion. 1. Share price has to get to their target. What that is, I don't know. Double digits??? 2. Donaldson, Lufkin, Jenrette underwrites enough new stock so RICA can acquire new companies. This will require finesse as well as finance but I'm sure this crew can do it. The new acquisitions will be cherry-picked from a recession-racked economy and will be of the caliber of Pipasa, greatly enhancing the attractiveness of RICA by synergistic diversification. 3. The underwriting of the new stock makes it available for trading. DLJ may be able to then get funds interested, small funds at first, then as the years go by and many more acquisitions are made, bigger and bigger guys, until RICA/CRI becomes a financial powerhouse on the world stage as a closed end fund itself investing in companies in Costa Rica, Central America, and the USA. This is the beginning of a new age, a golden age of capitalism. This is the beginning of a new ball game called RICA. The anthem has just been played and the leadoff man is approaching the plate ... Charles