Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.070

+8.1%

Nov 5 3:59 PM EST

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To: MGV who wrote (7395)	9/3/1998 10:37:00 AM
From: P.T.Burnem	Read Replies (2) of 22640

What is the likelihood of Cardoso's losing his re-election bid? You must be kidding, there is little likelihood he will be reelected. How could he with an imminent devaluation followed by a debt moratorium, hyperinflation and general economic collapse? Simple. Cardoso may be able to keep the peg flying through the elections. Anyway, I apologize for posting a serious question to what appears to be a Telebra support group. Good luck, PTB

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