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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 1.100+15.5%Nov 11 3:59 PM EST
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To: MGV who wrote (6949)8/21/1998 4:46:00 PM
From: Fred Levine  Read Replies (2) of 22640
 
Dark-- The only 2 negatives that I see are indirect; the uncertainty of the election and concern that Lulu might win--which WOULD be bad, and the general uncertainty of other foreign markets; i.e. SEA and Russia. In terms of direct threats to value, we should either buy or sit, but I will not sell at a loss a company that has all the fundamentals going for it. I tend to be a value investor and fell comfortable with the intrinsic value of the TBR's.

keep the faith--f
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