Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.956

+6.7%

Nov 24 3:59 PM EST

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To: CuttotheCore who wrote (6620)	8/13/1998 12:29:00 PM
From: Fred Levine	Read Replies (1) of 22640

R. Keeling- Almost immediately after I posted, the stock turned positive. However, I am aware that one swallow does not make a summer. I don't see red. In fact, I believe that most, if not all the companies are profitable AND have enormous pent-up demand; often a 2 yr waiting list to hook up. Almost every analyst has a buy recommendation, altho they differ on when to buy. The reality is that we have profitable companies with enormous futures and better management. If that does not qualify as fundamentally bullish, what does? Once the panic is reduced, and I believe it to be now, we will profit. We simply need to keep our bloomers on. f

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