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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.990-2.5%Nov 4 3:59 PM EST

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To: Petrus who wrote (7511)9/4/1998 2:47:00 PM
From: Steve Fancy  Read Replies (1) of 22640
 
Petrus, don't know how anyone can call a bottom with this kind of panic selling. Stock is currently trading $30 below book value. This weekend will likely be key short term...who knows what Greenspan will say, Hong Kong will do etc.

FWIW, Looks like a chance at TBR trading record volume today.

sf
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