Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.532

-2.4%

Jan 12 3:59 PM EST

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To: BomboochaBoy who wrote (8540)	9/25/1998 2:00:00 AM
From: Steve Fancy	Read Replies (3) of 22640

Paul, as to the second part of your question, Darkgreen or David Anderson would most likely offer more intelligent thoughts on Kohl...can't say I even knew this was an issue 'till today. Regarding aid packages, I feel the more significant issue is how quickly they push through the SS reform after the elections, assuming a Cardoso first round win...and the substance behind other reforms he is expected to propose. I have confidence in Cardoso, and believe the SS reform could happen before the end of October. They almost had enough voting power to push through the remaining controversial amendments to the bill back in April/May. One they lost by one vote as an elderly gentleman pushed the wrong button. I have to believe they'll take this more seriously now, and I believe Cardoso means business. I believe too many folks think we may be looking at another Japan, all talk, no action. This is not my impression of Brazil after following closely for about 14 months now. Again though, I suggest you pose the question to Darkgreen or David. Good luck, sf

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