Opinions

David Driscoll Telefonica De Argentina S.A. TFOBF-Q2 BUY ON WEAKNESS Jul 30, 2002

Good debt rating. Would buy at $24.

David Driscoll

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$2.600

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telephone utilities

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BUY

Debt to cash ratio is small, so will recover faster than competitors.

BUY

Expects a lot of growth.

BUY

Good wireless growth in South America and Spain. Spain is the only European country that is growing. Quite cheap.

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David Driscoll Telefonica De Argentina S.A. TFOBF-Q2 BUY ON WEAKNESS Jul 30, 2002

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