Telebras (TBH) & Brazil Message Board

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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 (11804)	1/15/1999 11:45:00 AM
From: Telemarker	Read Replies (1) of 22640

Can't understand why the U.S. market is so giddy on this. Brazil was supposed to be the "line in the sand", wasn't it? How's the Mexican Peso doing? Remember NAFTA? Any indications that global deflation abating? Buyer beware? I look for Brazil to now further step up its contribution (which will now be even cheaper) to flooding the world's commodity markets supply end. More pressure. Things don't look so great to me. Regards.

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