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

To: X Y Zebra who wrote (99)	9/22/1998 2:03:00 PM
From: EPS	Read Replies (1) \| Respond to of 331

Seems to me that George Soros bet on the wrong horse, I believe that Latin America would be a far better horse than all of mother Russia... Z, fwiw, Soros does indeed have large stake in S.A. in particular in Argentina. later Victor

To: X Y Zebra who wrote (99)	9/22/1998 5:09:00 PM
From: Tom	Read Replies (2) \| Respond to of 331

Z: Yes, I intended bloodshed. I'm certain that many would grasp the opportunity to see as intolerable any substantial increase in what is already a significant sovereign indebtedness. On the corruption topic: I'm aware that Argentina's attorneys-general have a full docket, and have had measurable success. There remains much work to be accomplished, however. On industrial expansion: Very True! I had started to post something on this a while back. Got interrupted. Certainly, I agree that the economies require more dimension. and they working to that end. Tough job though. Only several years ago Argentina had a cotton industry that exported nearly all of the raw product. For the complacency of an industry owned and operated by the state, entire enterprises founded in cotton by-products were ignored. The Uruguayan textiles industry was only too happy to accommodate the blunder. Yes, it will take some more time. Can't ignore how much of a hindrance corruption always is. That's for sure. But, if Argentina ever gets rolling again in earnest, unhindered, it'll be a juggernaut. On Soros: Haven't read Victor's post. I'll wait. You're right, of course. For what good prospects lie ahead, the financial terms for any assistance could be sweetened. Enjoyed the commentary, Z. As usual.