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Strategies & Market Trends : Argentine stocks -- Ignore unavailable to you. Want to Upgrade?

To: Tom who wrote (37)	4/23/1998 10:45:00 AM
From: Spytrdr	Read Replies (1) \| Respond to of 331

Well, I'm glad to say that is no longer the situation. There is a great boom in mining going on right now, where you have all these big canadian, southafrican and australian companies mining for gold in our northern provinces (Catamarca, etc) bordering with Chile. Oil production and exports are also at an all-time high. You must catch up with the news! ___ I'll close by mentioning how amazed I was on first knowing of the vast tracts of mineral-rich but as yet unmolested properties there are in Argentina. (I watch the mining sector from time to time.) I had certainly known Argentina is resource-wealthy, yet it is only as numbers begin flashing in front of you that one realises the extent of the wealth. But the main reason much of this wealth remains untapped brings to mind many sorrowful instances. Yes, I have followed events very closely.

To: Tom who wrote (37)	4/23/1998 10:48:00 AM
From: Spytrdr	Respond to of 331

Founded in 1954, Siderca SAIC, is nowadays one of the leading worldwide seamless steel pipes manufacturers. The product line includes casing, tubing, line pipe, and mechanical pressure and temperature tubing. Its industrial center operates in a fully integrated plant located in Campana, 80 km (50 miles) away from Buenos Aires City, Argentina, on Parana de Las Palmas river. The plant is on a 300 hectares site and includes one of the world's newest seamless pipe mills. The plant's annual production capacity is over 700.000 tons, 70% of it is exported to more than 50 countries all over the world and Siderca es a reliable supplier of the world major oil companies. Siderca is one of the Techint Group of companies, a global industrial, engineering and construction organization with proven experience in supplying products and services for a variety of energy and industrial applications. It also integrates DST, an alliance with Tamsa - of Mexico - and Dalmine - of Italy -, which efficiently complete their equipments, product line, commercialization network and human resources. Siderca, Tamsa and Dalmine altogether have 25% of the market share of the world seamless steel pipe market. This market share increases to 30% if only pipes for the oil industry are considered. ÿ ÿ ---------------------------------------------------------------------- ÿ For questions or comments: Our contact for International Trade: Siderca ÿ Copyright c 1996 by Siderca SAIC Jorge A. Simini 259 (2804) Campana, Argentina Tel. (54 - 489) 3-3100; Fax: (54 - 489) 28492/ 33317/33227