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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 1.030-3.7%Nov 7 9:30 AM EST

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To: Art Baeckel who wrote (22403)7/18/2001 11:04:26 AM
From: Steve Fancy  Read Replies (2) of 22640
 
Art, tempted to take some profits in TNE, but it's strength in light of US and ahead of their monetary announcement tonight is perplexing. Apparently there is some concern of a huge spike to interest rates. With all the political concerns can't believe they'll go over 1/2 point. Seems that would be smarter and to implement inter meeting jumps if necessary. Problem is I can't remember if they can do that in Brazil.

Thoughts?

Steve
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