perhaps all global stock markets should trade a significant discount instead of underlying fundamentals because of 'asteroid risk.' this stuff cracks me up...big buyer at $5.25. let the sky fall as it may...just put the money in my account first. bullish TEO bearish Argentina...tell me something new. i think from $28+ to $12 enough was priced-in. just buy, folks. the naysayers will be wrong again...



> ARGENTINA'B'ADSJ.Moorman, CFAS&P REDUCES OPINION ON ADSS OF TELECOM
> ARGENTINA TO HOLD FROM BUY We are concerned that the Argentine government
> plans to take control of privately managed pension plans. While this measure
> must still be voted on, we believe the possibility will bring considerable
> uncertainty to the equity markets until it is resolved. We continue to be
> impressed by our view of TEO's solid fundamentals, strong free cash flow and
> impressive deleveraging activities over the past year. However we believe
> the ADSs will trade on country risk rather than fundamentals. We are
> reducing our 12-month target price by $13 to $6 on increased country risk