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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.740-1.3%Dec 8 3:59 PM EST
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To: jeremy smith who wrote (967)2/8/1998 9:07:00 PM
From: Weekapaug  Read Replies (1) of 22640
 
Jeremy,

Not to differ with you. But look at from this perspective. This is the first and will probably the most difficult to accomplish. The people understand that Cordoso was educated in U.S. and is being influenced by the banking community abroad. That's not saying the people don't like, because they did elect him.

Basically they have had a golden parachute for pension plans all these years or lets say decades. Are they really that great? I don't know? Do you?

Personally, I have doubts about it coming off on schedule? secondly, I did not like something I read about in one of there releases regarding wireless division sale. I don't want to be quoted, but did they say those would be sold off separately? If that were true? Aren't they taking a good chunk of value away from shareholders? To me, wireless is the wave of the future, atleast for telephones.

The biggest problem I have with owning TBR is-it can open down 10 points as well as open up 5 points.

If someone told me to shoot if necessary. I would shoot to kill if attacked by a mob. It's no different then this weeks statement "it could start world war 3." My mind never thought of war between Russia and the U.S.. But alot of people did.

Ken
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