Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.430

-4.5%

10:50 AM EST

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To: David R. Doerr who wrote (281)	10/14/1997 4:16:00 PM
From: chirodoc	of 22640

<<<<<<Isn't the stcok market all about predictions? yes, absolutely..but predicting devaluation is difficult without knowing some additional information. yes they have high debt....but is the trend decreasing or increasing? i think the next few months will tell us if cardoso has the guts to deregulate more, open more markets and cut spending. if you are right and he cannot control spending and has to devalue to survive.......i'll join you on the sidelines. but as the stock CLIMBS from 119 i hate to sell unless i am certain bad news is in wind....i'm just saying trailing stops can be safer (to protect upside) than to get out......

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