Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.060

-0.9%

Nov 6 3:59 PM EST

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To: Tony van Werkhooven who wrote (22458)	8/22/2001 2:51:52 PM
From: Steve Fancy	Read Replies (3) of 22640

Good luck Tony...I agree we are close. If US turns around I would expect the same in Brazil. Based on book2bill maaaaybe US markets have put in a bottom, or close too. In that it seems it was GM and the B2B that has created some stability today, a key event going forward will probably be the NVLS quarterly update on Aug 30th. I'll be watching for opportunities in Brazil (particularly some of the cellulars), but in the meantime my portfolio is looking the cleanest I've seen in a couple years:~) I am about 90% cash right now. Steve

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