Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : GTR Groupo triebasa.. Look at the chart.. A winner -- Ignore unavailable to you. Want to Upgrade?

To: JDGarza who wrote (112)	5/1/1999 7:26:00 AM
From: Amadeo Mendez-Vigo	Read Replies (2) \| Respond to of 214

Some news that might ease the "Pain"..we all have... Monday April 26, 10:26 pm Eastern Time Tribasa backlog seen growing by $400 mln MONTERREY, Mexico, April 26 (Reuters) - Mexican construction firm Tribasa said on Monday that its alliance with a unit of U.S. energy company Enron Corp (ENE - news) could boost its backlog of projects by some $400 million, analysts who took part in a Tribasa conference call said. ''They said that Enron could bring to Tribasa business that would boost its backlog by $400 million,'' Carlos Pena, an industry analyst with Afin Securities, said. The company said that much of the work would be in industrial construction, the analysts said. Tribasa executives were not immediately available for further details. Tribasa, Mexico's second-largest construction company, had a backlog of projects worth about $1.2 billion dollars at the end of 1998. Last month Tribasa and Enron Engineering and Construction signed a strategic alliance to develop transportation, water and energy services in Latin America. --------------------------------------------------------------------------------