Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.405

-4.3%

3:59 PM EST

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To: Alan Palange who wrote (6221)	8/1/1998 1:23:00 PM
From: Max Smith	Read Replies (1) of 22640

Compare the price action of Citicorp (CCI) on April 6th and 7th with the price action of Telebras (TBR) on July 30th and 31st. IDENTICAL charts: CCI: bigcharts.com TBR: bigcharts.com Now the problem: Citicorp stock declined precipitously over the next two months, never again reaching its April 6th high during this consolidation period. Could the same lousy price action happen to TBR?

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