Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.571

-12.7%

Dec 17 3:59 PM EST

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To: Steve Fancy who wrote (9565)	11/10/1998 5:41:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Revision, I bet they take it to 36-38. Sounds like IMF news may be timed to hit just after the interest rate news before the market opens Thursday. Or better yet, maybe it'll come out tomorrow yet...they seem to like to catch us off guard with these announcements for the most impact. I think tomorrow may end up to the upside. I hope the IMF plan for Brazil is conclusive. I sure thought I remembered a meeting scheduled by IAD on November 12 to consider some kind of Brazil loan. Serious TBR'rs won't want to miss the action Thursday/Friday/Monday/Tuesday. And don't forget UBB who oughta be on the same train. Who knows where we're gonna end up, but one things for sure, a bucket load of uncertainties will be resolved and the dust can start to further settle. sf

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