Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.404

-14.1%

Dec 31 3:59 PM EST

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To: DAY TRADER who wrote (138)	8/13/1997 1:26:00 AM
From: chirodoc	of 22640

i tend to agree. i think that this stock could again hit 175 to 200 with a bit of patience. a friend (who is brazilian) bought at 150 (against my advice) and is now suffering. as i said, as long as cardoso can change the constituion to get himself elected to a second term, this stock could blast into the stratosphere. but, debt, cardoso, devaluation of the real, etc. could tank it. start your engines, but keep looking in the rear view mirror. good luck. i may buy again, come to think of it-target 175-200 for the next run up (may take longer this time cue to u.s. market and threats of devaluation).

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