AT&TLatinAmerica (ATTL)

[Drillbit]

Why ATTL is a good long term investment
by: hotel_one_alpha 8/30/00 9:03 am
Msg: 6750 of 6750 Yahoo Message Board

I have read some posts today expressing worries about possible competition for ATTL in Latin America, specifically in Brazil. There is no need for concern. Here is why.
I bought FCLX stock early last year beacuse at the time I had a consulting agreement to research Latin America for a multinational company in the electronics field. Some of the statistics I uncovered told me I should be purchasing stocks in any company in the telephone business in Latin America.
Telephones (land lines) per 1000 people: Argentina 141; Brazil 74. In contrast, the US has 602 and Sweden 683.
Cel phones per 1000 people: Argentina 12.5; Brazil 12.7. In contrast, the US has 149.5 and Sweden has 264.6
Connections to Internet per 1000 people: Argentina 0.17; Brazil 0.12. In contrast, the US has 21.82 and Finland 43.11
These figures tell the story of a gigantic potential for growth in Latin America. This growth is, of course, long term. But grow it will !! Stay long and you will make a lot of money with ATTL.