Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.511

+2.0%

Jan 14 3:50 PM EST

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To: Steve Fancy who wrote (8045)	9/15/1998 1:43:00 PM
From: djane	Read Replies (2) of 22640

Can anyone really dispute the premise that TBR/TBH under $120 is a very good purchase for a long-term investor given the impending US/IMF/G-7 bailout/safety net and IR rate cut, expected Brazilian reforms (deficit/Social Security cuts) after the 10/4/98 election, and late 9/98 Brazil/US listings of 12 TBR companies (valued at $295/share in late 7/98 or 1.5 months ago)?

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