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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.896-0.9%Nov 21 9:30 AM EST

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To: Steve Fancy who wrote (11480)1/13/1999 4:12:00 PM
From: Worswick  Read Replies (8) of 22640
 
Great work you re doing here Steve. I am very impressed.

Could you venture an opinion for me...with TBH.

With a low at 51, with a 20%-25% devaluation that would take TBH to, say, 35 or therabouts. With market madness underway you cut off another, say, $10.... so you get to $25.

What do you think of $35 and $25 as the range in the next three months??

Best to you,

Clark

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