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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.501-5.8%Jan 13 3:59 PM EST
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To: Sonki who wrote (102)7/31/1997 12:39:00 PM
From: David R. Doerr   of 22640
 
The Mexico effect has entered into play in the last month with Brazil. If devaluation comes into play, the market will get hit. Many speculating this devaluaiton process would occur in stages rather than what we saw in Mexico 2 years back, but those rumors to date are found to be untrue. If they get a new president in the foreign exchange that the street does not like, the market could be headed south of the border. In my opinion, the stock is a solid buy. By the way, I read your profile and I like your thougths on investing.
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