Telebras (TBH) & Brazil Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.730

-1.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Fancy who wrote (11939)	1/18/1999 2:34:00 PM
From: Tony van Werkhooven	of 22640

Steve- Quoted from your post:<It would appear the drop in the real is offsetting the stock gains in Brazil today? If I'm understanding this correctly, if the stock prices hold, and the real recovers somewhat as we see successful congressional votes this week, this by itself should produce gains in the US markets?> Your statement is correct. As the exchange rate improves from 1.52 to 1.45, say, the dollar value increases- try this on your prior calculation of TBH. Tony

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next