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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.896-0.9%Nov 21 9:30 AM EST

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To: RockyBalboa who wrote (6682)8/15/1998 5:14:00 AM
From: chirodoc  Read Replies (1) of 22640
 
lula is there every election saying the same thing
each year people think he could be elected and he isnt
look at him as pat buchanan of the brazilian left
brazilians will never elect him, especially now that cardoso is playing politics
brazilians do not in the end respect an uneducated working class boy--cardoso is a combination of maggie thatcher and ronald reagan--they like the reagan and hate the thatcher
after cardoso is reelected you will see more fiscal conservatism in brazil--count on it--he is a dyed in the wool conservative
i will buy a little bit of TBH every couple weeks as this could be a sustained correction, but no doubt in my mind that lula will lose and this will be a good longterm investment
good luck
curtis
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