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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.740-1.3%Dec 8 3:59 PM EST

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To: DAY TRADER who wrote (254)9/18/1997 10:35:00 PM
From: chirodoc   of 22640
 
<<WHAT DO YOU THINK?>>

wsj has been regularly running articles that are GENERALLY very postivive about TBR. rise should be more muted (unlike the last run) because a lot of the burned fingers are scared. but as it goes up.........they will pile in--often too late.

watch for: stalled privatizaion or unbridled deregulation that throws the market into chaos. only other problem could be cardoso or the debt.

i still hope for a steady climb with lots of backfilling as traders take profits on the way up. just mho......
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