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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.896-0.9%Nov 21 3:59 PM EST

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To: djane who wrote (7955)9/14/1998 1:55:00 AM
From: Steve Fancy  Read Replies (1) of 22640
 
Looks like Tuesday could be a key day in Brazil. From the previously posted article...

A crucial test of investor confidence in Mr. Cardoso's administration comes Tuesday when the government tries to privatize the electric company, Gerasul SA, seeking a bid of at least $800 million. A successful sale could be a boost both to Brazilian markets and to Mr. Cardoso's presidential campaign.

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