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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 1.060-0.9%3:59 PM EST

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To: Fred Levine who wrote (7417)9/3/1998 12:58:00 PM
From: P.T.Burnem  Read Replies (2) of 22640
 
Fred,

Actually, mine is a consensus opinion (devaluation) in the process of being discounted in the Telebra's stock price.

The question is: "Is there more to TBH's going down then meets the eye?" . If the answer is "no", the stock will likely bottom out soon after the peg is broken, otherwise all bets are off.

PTB
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