nick

Progress Report: Our Latin American Buy Recommendations

Brazilian IT is expanding fast, and although the stock that I recommended to several institutions in December last year has had a phenomenal run to date since then, it has a lot more to go. IdeiasNet (IDNT3). IdeiasNet SA is a holding company positioned as a vehicle for long-term
investments in information technology (IT) companies in Brazil. The Company
owns interests in companies in the e-commerce, wireless, infrastructure and
media & entertainment segments, and takes an active part in managing them. It only has two analysts, but by my calculations, its target price should be R$ 10. It has risen 138% YTD.