Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

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To: CuttotheCore who wrote (6835)	8/19/1998 8:12:00 AM
From: md1derful	Read Replies (2) of 22640

RK: It seems to me that the fundamentals have changed way too much for us to retest multiyear lows...the auction provided alot of answers and removed much uncertainty as to exactly what tbr was worth and where it is heading..I haven't a clue as to the true bottom, but I also have a feeling it was here, at these levels..I think it extremely unlikely with black thursday already passed and the stock just above book value, that she'll be taken down below book. I mean something really cataclysmic really has to happen (like two years of Gore)(Don't flame me Fred!!!) Good luck.

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