Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.065

-2.3%

Nov 17 3:59 PM EST

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To: Steve Fancy who wrote (6982)	8/21/1998 1:29:00 PM
From: jeremy smith	Read Replies (1) of 22640

Honest opinion is I don't know. at work, I am running flat. for myself, I am on the point of buying some TBH - but not just yet. I do think that there is a short term REAL risk that this goes down a further 10%. Steve, my accounts are only just NOW starting to sell. Not because they want to, but because they HAVE to. This is the buying opportunity of the decade - but only if one can ride out further losses and take a long term view. Forget you TBR valuations everybody. Market dynamics have taken on a life of their own - and in my experience it is dangerous to "take them on" unless you have a long term view. All bets are off though if China goes.

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