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: thebeach who wrote (751)	1/17/1998 6:40:00 PM
From: Steve Fancy	Read Replies (2) of 22640

TBR earnings tend to be more of a minor force from my observations. However, I feel decent earnings will become more significant as the months between now and privatization narrow. As of late on these volatile stocks, Monday is the time to be there. Due to all the nervousness, the market has been selling off on Friday...people who don't want to hold over the weekend. Assuming no bad news from Asia, and nothing unpleasant in their earnings, TBR oughta be poised for a nice bounce next week, IMO. There is no comparison between INTC and TBR. The only real fear with TBR IMO is if Brazil devalues their currency...assuming this does not happen, it's just a matter of what day people wake up and figure out they have to get in on this before it's gone. TBR is undervalued, has what sounds to be near unlimited growth potential and is fairly isolated from the Asian concerns...othter than if it becomes bad enough to cause Brazil to devalue. It's my understanding they have a waiting list of over a year for folks wanting phones. Most firms projecting 165-180+. One of these days soon IMO, this stock is gonna bolt upwards and never look back at 110. In the meantime, and excellent trading stock. In that TBR currently has no legs of it's own, the question is what will our market do Tuesday and Wednesday. Potential for a nice rally next week. sf

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