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Strategies & Market Trends : Trading For A Living -- Ignore unavailable to you. Want to Upgrade?

To: Ken Adams who wrote (382)	6/9/1998 3:03:00 PM
From: Panita	Read Replies (1) \| Respond to of 1729

SFN Mexico's Third largest bank shares on sale. SFN Grupo Financiero Serfin. Honk Kong bank (who owns Marine Midaland in the USA) own 20%+ of Serfin. There is legislation pending in Mexico that would allow foreign banks to buy 100% stakes in the largest three banks in Mexico. Banamex, Bancomer and Serfin. Mexico fourth largest bank Confia is being acquired already by Citibank. At the current price of $ 1. SFN is trading at a 52 week low. This stocks likes to move between low $1 and $ 2+. It has done this a few times since I started to follow it last year. Today price of $ 1 has been caused by Asia and Brazil markets and has nothing to do with Serfin. Here is the chart for Serfin: quote.yahoo.com Happy Investing!