Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.532

-2.4%

Jan 12 3:59 PM EST

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To: dougjn who wrote (274)	10/11/1997 10:42:00 AM
From: chirodoc	of 22640

<<<<<Yes. ;} EOM lots of news on brazil in wsj and ibd. upshot........reforms intact......but debt should be in 2-3% rnge of gdp...in latins it is near 3-4% and in brazil it is 4%+......if it gets near 5% watchout!!!!! mexico was somewhere near 6-7% i believe when it CRASHED. this is a great, but risky stock. if brazil can reduce debt--the stock will soar....if debt climbs...stock will drop like a rock.

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