Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.550

+2.8%

Jan 9 9:30 AM EST

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To: Steve Fancy who wrote (654)	1/6/1998 4:57:00 PM
From: Steve Fancy	of 22640

Brazil stocks seen upbeat, expect foreign buying SAO PAULO, Jan 6 (Reuters) - Despite another day of heavy selling in Asian financial markets, Brazil stocks were likely to keep rising on Tuesday amid optimism that foreign investors will begin building fresh positions in local shares, traders said. biz.yahoo.com Comment: This sure didn't happen today. Looks like investors didn't like the 1 billion additional budget cut. I believe they had already trimmed 1 billion from the original budget I remember to be 7 billion. sf

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