Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.090

+3.8%

Nov 14 3:58 PM EST

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To: djane who wrote (6914)	8/20/1998 6:58:00 PM
From: Steve Fancy	Read Replies (1) of 22640

djane, Thanks for the kind words...Anyone following my advice to date however is down. In fact at this point everyone who bought since early '97 is down. I do agree though that TBR is extrememly oversold and it will shake out over the next handfull of months. I almost wish they'd just devalue and get it overwith...still think we'd see a relief rally. Regarding Venezuela, don't know, Jeremy would be the better speculator on that issue. However, I tend to believe them when they state their intention to defend their currency, at least for now. As far as news sources go, you found one of the best right here at SI. I have a paid subscription at Quote.com for Reuters news. I highly recommend the Wall Street Journal, that's where I get almost all DOW Jones newswire articles I post. I keep an eye on the Yahoo TBR thread, but mostly junk. Some Brazil specific links... bovespa.com.br agestado.com latinvestor.com That should get ya started...welcome aboard and good luck. sf

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