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Will survive Terra in Latin America during the 2003?
It has not been a good year for the vestibule de Internet that Joaquin Agut presides over, its value in stock market has fallen during the past year 2002 56,4% and their actions continue quoting to the loss. Their positive perspective are not nothing and already this beginning to rumor very insistently that the people in charge de Terra will begin to draw up a new strategy with the purpose de to stop this drain and that new strategy is going to happen to come def itself assets beginning by the Lycos vestibule whose results have not been initially anticipated when the then President de Telephone Juan Villalonga gave the approval to his purchase with the intention to create the most important finder within the Latin American world in the United States.
But without a doubt this bad year is going to see reflected in the presence de the vestibule in Latin America because this geographic zone was always where the people in charge de Terra, old and present, thought like extraordinary source de income since the market has been always considered Latin American as a raw diamond without polishing.
The people in charge de Telephone always had the hunch de which the expansion de the Spanish giant de telecommunications in Latin America would entail the expansion de its own vestibule de Internet and in principle they were right but what they did not count the managers de Telephone was whereupon the situation de countries keys within the technological sector Latin American, most representative Brazil and Argentina are the example, outside the one that lamentably has been what it has dragged to his investing potentials to a truly difficult situation and Terra has not been other people's to this situation.
Spokesmen de Terra.com with soothe in Miami think that the solution is going to take in arriving and that solution happens through the repurchase de its debt by Telephone or the arrival de new investors. A positive data is that it seems that the crisis that affects the Latin American countries tends to send and that the worse thing already to passed but the sequels has been so important that for some the power is going to be a luck question to return to compete within the technological market in the same dominant position that long ago.
We will see that east year 2003 provides to us and if Terra makes the changes necessary stops from zero to begin to make prdeitable its lost investments. A thing is clear: Mr. Villalonga realized an investment as it were the purchase de the Lycos vestibule and that were the principle de the situation by which it crosses the company. The later managers have not either been able to straighten the course although or it is certain that the situation created by the Brazilian or Argentine crises gave little maneuver margin. We will see if the election de Lula Populist in Brazil and the later election de the new President in Argentina will be sufficient stimuli so that the investors return to trust the Latin American markets and to recover the illusion de long ago.
We hope that this new year is finally the year where the Latin American crisis happens to history like a nightmare that we hope does not return to repeat itself and that the one that outside vestibule number 1 in Hispanic Internet de speech returns to report joys to us although our desires do not have to mix themselves with the reality.
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