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: Fred Levine who wrote (7015)	8/21/1998 4:59:00 PM
From: MGV	of 22640

Fred, Don't even think of selling. I bought more today and yesterday (in spite of my view that it would tank lower still today). The risk isn't Lula, not now. You should feel very comfortable with intrinsic value. It is trading at 6-7 times next year's consesnsus earnings estimate. Mark

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