Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.945

-1.1%

Nov 26 3:59 PM EST

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To: Alfredo Nova who wrote (11451)	1/12/1999 1:22:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Alfredo, Deutsche Bank in my experience has a tendancy to go against the grain in Brazil. Their logic on UBB didn't make much sense to me. I've seen 'em win a few and lose a few, but they seem to have called the biggie...TBR shortly after the auction last July. I'd be curious what Bear Stearns position is if anyone has access...seems they have tended to lean towards Deutsche bank also. I agree, should be a great long-term investment...if not shorter term. sf

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