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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.532-2.4%Jan 12 3:59 PM EST

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To: djane who wrote (7270)8/28/1998 10:57:00 PM
From: jeremy smith  Read Replies (1) of 22640
 
djane, not wishing to be intentionally confrontational, but I am left wondering what the PEs of the top Russian stocks (Gazprom, Lukoil and the like) were prior to the market there falling off the cliff.
I think TBR is a great company too. Holds fantastic prospects. But the value (in green dollars) will only ever be unlocked if the country holds together. Be aware. With this stock, first and foremost you own exposure to Brazil Inc. As a sweetener, you get a bit of "cheap" exposure to a phenomenal telecom company. !!!!!!
j.
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