SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Millionairess who wrote (4020)1/14/1999 8:28:00 PM
From: Brian Malloy  Read Replies (2) of 19700
 
Quite frankly,

I was not surprised one bit by Brazil's move yesterday. I predicted that Brazil would devalue its currency early in '98 on another thread, that people should not listen to the experts that claimed all the loans would stabilize their currency. I was especially angry in that a major US brokerage which claims it knows it's way around World Markets completely missed the Asian contaigon was now telling clients to buy TBR and that the price target was $170. Those folks were toast then and even more so if they continued to hold not only TBR but Brazilian stocks in general.

If there was one thing we learned from the Asian contagion it was that the US could continue to thrive in the face of Asian depression/deep recession for all practical purposes. The same will be realized with Brazil only it will take a much shorter period of time. To me the past two days have presented a buying opportunity and I picked up additional CSCO and AOL options.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News