Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.570

-4.5%

Dec 26 9:30 AM EST

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To: Steve Fancy who wrote (9582)	11/10/1998 11:19:00 PM
From: Madharry	Read Replies (2) of 22640

No Steve I really don't know. I also don't think the stock has been responding to to anything fundamental other than Is Brazil going to tank or not. BTW that article that was taken from the Asian thread. DOes that writer have any credibility at all? It seemed like a highly biased inflammatory article. I wonder what the foreign debt of the US is? and that compares to that of Brazil. I think we just go around saying that our foreign debt doesn't count that we are the world's currency . Well that does not last forever either. It may well be that twenty years from now when people talk about bubbles the bubble of 1998 will turn out to be that of US long term bonds!

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