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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.472+2.6%Jan 16 9:30 AM EST

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To: Jerry A. Laska who wrote (7401)9/2/1998 10:24:00 PM
From: Steve Fancy   of 22640
 
CORRECTED - Cardoso slips in polls, still seen winning 1st round

Reuters, Wednesday, September 02, 1998 at 21:14

In SAO PAULO story headlined "Cardoso slips in polls, still
seen winning 1st round" please read in second graf...said that
44 percent of those surveyed would cast ballots for Cardoso,
according to local television. Though down from 46
percent...instead of...said that 46 percent of those surveyed
would cast ballots for Cardoso, according to local television.
Though down from 44 percent (makes clear that the support
figure has dropped to 44 percent from 46 percent)
A corrected version follows

SAO PAULO, Sept 2 (Reuters) - Brazilian President Fernando
Henrique Cardoso's popularity slipped at the end of August,
though he still enjoyed a big lead ahead of October 4
elections, a nationwide poll said on Wednesday.
The Ibope polling agency said that 44 percent of those
surveyed would cast ballots for Cardoso, according to local
television. Though down from 46 percent in its mid-August poll,
Cardoso is still seen garnering enough support to win in a
first round of voting, the poll showed.
Support for the president's main opponent, leftist leader
Luiz Inacio Lula da Silva, jumped 3 percentage points to 25
percent of the vote.
Two minor candidates rallied the support of a combined 10
percent of those surveyed.
The poll surveyed 2,000 people across Brazil between August
27 and 31. TV Globo, which released the survey on its nightly
news program, did not give a margin of error.
The latest Ibope figures show Cardoso losing some of his
popularity amid the global financial turmoil that has sent
Brazilian markets into a tailspin. But he was still comfortably
wide of the 38 percent he would need to win reelection in a
first round of voting, Ibobe said.
Cardoso, who became president in 1995 and hopes to be
Brazil's first-ever reelected president, saw his popularity
drop as the economy has ground to a halt at the beginning of
the year and unemployment soared to a 14-year high.
He staged a comeback after officially announcing his
candidacy and launching an ad campaign that highlights his
widely-hailed fight against inflation.
The latest poll showed many Brazilians had yet to make up
their minds. Eleven percent of those polled were undecided
while 9 percent would cast blank or voided ballots, it said.

Copyright 1998, Reuters News Service
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