Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.450

+4.8%

Jan 27 3:48 PM EST

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To: MGV who wrote (7134)	8/26/1998 7:40:00 PM
From: MGV	of 22640

ADRs fall on global economic fears cbs.marketwatch.com "Currency concerns around the globe have investors shaking and shedding shares of companies in emerging markets that might be devaluation targets. As Venezuela struggles with oil woes, and as the value of its currency, the bolivar, weakens, other Latin American markets are trending lower, with investors wondering who's next. Brazil's main index, the Bovespa, fell 4 percent, dragged down by telecommunications holding company Telebras. U.S.-traded shares in the company (TBR) fell 3 3/8 to 80 1/2."

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