Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.945

-1.1%

Nov 26 3:59 PM EST

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To: Oracle who wrote (6282)	8/4/1998 10:58:00 AM
From: Kevmeister	Read Replies (1) of 22640

What the hell is going on here? $114 1/2???? I just don't understand how this stock could be dropping. 1. The auction was beyond expectations. 2. The sum of the parts ect... should be reflecting some appreciation. 3. The potential growth/need in phone service, coupled with better management and capital to invest in the substructure. These, along with many other positives, should have propelled this stock up. But what has happened?..... TBR is back to the levels it was at just prior to the auction. And it is about to break down under it's 200 DMA. Could somebody PLEASE explain this apparent weakness.. I just can not figure out why TBR has lost so much ground, and appears to be slipping further. Why are bargain hunters not picking this thing up?? Frustrated & Confused. Kev

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