Introduces MercadoLibre to our Bluechips Portfolio.

M2 PRESSWIRE-6 March 2008-IST Targets: Introduces MercadoLibre to our Bluechips Portfolio(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:06032008

International Stock Targets is a world renowned independent research firm, based in Johannesburg, South Africa. Along with walking investors through the whole life-cycle of many different equities, we have also partnered with the top independent research firms worldwide to provide our members with the best knowledge to make money. Click the link below to see a sample of a recent "Buy Recommendation" that was issued on a small-cap equity that we believe is positioned to out-perform their competitors. We highly recommend that all interested small-cap investors sign up to www.internationalstocktargets.com for a free 3 month subscription and contact one of our representatives toll free 1 866 657 3334 to get access to our "small-cap" stock pick of the year. On Wednesday, March 5th, 2008, MercadoLibre Inc. (Nasdaq: MELI) had a news release that triggered our research mechanism sensors at International Stock Targets. We therefore have also added MercadoLibre to our Bluechips Portfolio, their recent market activity has made them a possible candidate for a full analytical research report, to see a sample of our newest report view this link.

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This Thursday during the early hours of trading, MercadoLibre was already up 7.61 percent with a volume over 1,900,000.

On Wednesday, March 5th, 2008, MercadoLibre Inc., host of the largest online trading and payments platform in Latin America, reported financial results for the fourth quarter and full year ended December 31, 2007.

Marcos Galperin, President and Chief Executive Officer of MercadoLibre, Inc. commented, ''2007 was a year of significant achievements and milestones for MercadoLibre, the highlight of which was our successful transition to a publicly-traded company listed on The Nasdaq Stock Market in the United States. Throughout the year, we further strengthened our leadership position in e-commerce delivering strong operational and financial performance. Our robust performance continued into the fourth quarter as we delivered revenue growth of 73.9% and operating income margins of 27.1%. Growth rates were strong across all of our business units as well as all of our key geographies. Clearly, we are continuing to benefit from the positive growth trends influencing internet, broadband and PC penetration rates in Latin America, and we believe this course will persist for many years to come.''

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