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To: X Y Zebra who wrote (1173)	1/21/1999 4:04:00 PM
From: X Y Zebra	Respond to of 3536

The plot thickens..... Message 7406411 Excerpt: .......The Argentine government said the state may sell its remaining 5.3 percent sometime this year, adding that interest from Repsol "could be expected immediately." It said that it would only accept bids from third parties for YPF control if they paid at least 25 percent above the base price of $38 dollars per share paid by Repsol for the 14.99 percent stake. YPF, Argentina's largest company, accounts for about half of Argentine natural gas and oil output. It also has interests in the United States, Brazil, Indonesia, Bolivia, Venezuela and Ecuador, Canada and Russia. Its total world assets amount to $12 billion. -----