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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.511+2.0%Jan 14 3:50 PM EST

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To: Rohit Nanavati who wrote (94)7/24/1997 11:40:00 AM
From: David R. Doerr   of 22640
 
I've owned and watched the stock since 1993. During the last 4 years, we have had it stall and go sideways for a period of time, but the chart continues to trend upward with earnings. 1999 they are expecting $19.20 for the company. Do the math, this stock is going to continue going up. Short term there is a lot of uncertainties such as currency, privatization and political pressures that could create some swings in both directions.
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