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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.750-14.5%Dec 5 9:30 AM EST

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To: Steve Fancy who wrote (11193)1/5/1999 8:16:00 PM
From: Tony van Werkhooven   of 22640
 
Steve- Your post: Senate's new leader expects CPMF to be approved tomorrow
Jan/05/99 at 01h22 pm ET

You were scratching your head trying to understand the sudden change.

My sense is that this is talk- nothing more- confidence building. Note the the references to what happens if they don't have a quorum. These guys are not even sure if they have a quorum or when a quorum will exist.

At the same time though, I agree with you that the will pull the rabbit out of the hat by the time this session is over.

Tony
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