Tuesday, December 23, 2008

Happy Holidays!

Happy Holidays, Friends! There has been a lot of talk in the news of late regarding the condition of our global economy. I believe that even though the world is in the midst of an economic crisis, the companies that are able to weather the storm will be in a unique position to capitalize on the opportunities ahead. Our company recognizes that many people are being hurt in this worldwide economic downturn, so we are determined to turn this current crisis into an opportunity for our investors. While we remain realistic about the conditions of the current global market, we are also very optimistic about the opportunities that are presenting themselves in Argentina. Some bright highlights in the recent news include a Reuters report that Argentine wine exports are seen growing, despite the crisis, and Expedia Travel Trendwatch’s annual report that despite the tough economy; “the upcoming holiday and winter travel season will not differ greatly from previous years, and with fuel prices declining in recent months, many airfares are the same or even lower than the 2007 season.” I hope you all have a superb holiday season. We’ve had challenging but a great year in 2008, and I look forward to making 2009 an even better one. Happy New Year!

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