Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

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To: Uncle Mikey who wrote (420)	11/16/1997 6:35:00 PM
From: Weekapaug	Read Replies (1) of 22640

UM, That's what I was talking about too. Hard to tell if bottoms been reached. TBR was something like 30 two years ago? It seems also they are starting to cut earnings for TBR and expected growth? Reals are off something like 20 percent to date. How much of this parobolic run was real and phony is anyones guess? IMO market will be dull this week? People are starting to think about holidays and all. What doesn't Mark Mobias like? Hey, it's his job to sell there funds, you can't do that recommending stocks you can purchase direct? I'm not saying he's not smarter then us, he is. One thing I've learned in 20 years is to when no one else wants to. As long as the long-term prospects are still in place, for instance, Banks in the early 90's, Oil in the mid 90's, and now it appears, some of the quality utilities with good dividend yield are appearing to be good investments. My last and probably the best-----tele communications for along time to come. You can goto Bovespa and view stocks that trade in Brazil. Put in WWW. southamerica.com, brings you right to Brazil, amazing isn't it! TBR repersents 18.2 of total market. Good Luck This Week! Ken

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