Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.834

+4.2%

3:59 PM EST

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To: Steve Fancy who wrote (11310)	1/7/1999 5:31:00 PM
From: David Petty	Read Replies (1) of 22640

Steve, ok, let's compare these stocks to a(any) stock that announced several weeks ago that their 4th quarter earnings would be below analyst expectations... The stock takes the expected hit and from that point on the poor earnings have been factored in... should not take a second drop again if the poor earnings are as pre-announced... Haven't these Brazilian stocks done enough factoring in of a recession/devaluation... or am I suppose to believe that these are "good news" prices and I haven't seen anything yet... Oh, by the way you shouldn't give an idiot a forum... re: your on the nail comment(s)about Yahoo postings... good sometimes for a chuckle and to scare you as to what is out there; or maybe re: my postings on second thought.

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