Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.090

+3.8%

Nov 14 9:30 AM EST

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To: RDH who wrote (7779)	9/10/1998 5:25:00 PM
From: Petrus	Read Replies (2) of 22640

RDH, Good for you being long on ORCL. Also, INTC & ADBE reported good news after the close. I believe that the market will be up tomorrow, specially after the late rally before the close by the financials. TBR is dirt cheap at these levels. Short term, I belive it will be going down some more. Specially if all hell breaks loose in Brazil and a then possible domino effect ala Tequila of few years ago. To use margin on TBR is very risky, for you may have to take a loss if the trade goes against you. Long term TBR is "The safest" stock I hold, based on fundamentals. By the way, I got in TLK @ 3 5/16 looking for $0.25, maybe a bit more. Nice to hear from you, Good fortune.

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