Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.090

+3.8%

Nov 14 9:30 AM EST

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To: md1derful who wrote (6904)	8/20/1998 3:29:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Trying to get a handle on how much worse things could get. TBR seems to have already sold off beyond all reason, yet selling doesn't appear to be over. Seems to me that a real devaluation of waaaaay beyond 10-20% is more than built in, yet she keeps going down. The selling is irrational IMO, how much more irrational can it get. My inclination is not to run scared, but this is a toughie. sf

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