DEAR SHAREHOLDER.* ERICSSON The phones at Ericss n are ringing off the hook. A whopping jump in Latin American sales got the phone-maker off to a 2000 Analysts expect the switchboard to light up as wireless Internet penetration kicks in. * YPF YPF - Esquimalt, British Columbia, Canada (Airport Code) YPF - Yacimientos Petrolíferos Fiscales (Argentina) YPF - Young Peoples Fellowship REPSOL Its as if this energy powerhouse won the lottery - twice. First, Spain's Repsol reaped the full benefits of its YPF takeover during first quarter 2000. Then oil prices reached record levels during the first three months of the year. * BESTFOODS Even though volumes and prices were both up currency problems--mostly in Brazil -- offset any first quarter gains. But that didn't scare off ever hungry Unilever. After pursuing Bestfoods for a month, the Anglo-Dutch glutton glutton: see wolverine. succeeded in its bid to add Bestfoods to its ongoing Latin American smorgasbord. |
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