Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.935

-1.1%

Nov 28 12:59 PM EST

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To: jeremy smith who wrote (1056)	2/18/1998 5:22:00 PM
From: Steve Fancy	Read Replies (6) of 22640

Jeremy, another question...what the heck is the carnival and when does it end. The Dow Jones story yesterday said it ended today, the story on Brazil's market close today suggested it's heading into a four day break and trading would be slow. If you don't know I'm going to dig into this. It seems TBR may be on hold for a couple of days as we await some kind of clarification on ADR details. I'm looking for a pull back soon, next 4 days? Maybe to 114-115? Markets seem ready to take a break, and I'm unclear as to exactly what caused the runup. Wish I new how much influence BNDS had on boosting and holding the stock. What do you think? If I start bugging ya with too many questions, just let me know. Thanks, sf

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