Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.005

-6.9%

Nov 19 3:59 PM EST

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To: Steve Fancy who wrote (12109)	1/20/1999 8:32:00 PM
From: Tony van Werkhooven	Read Replies (1) of 22640

Steve- I recall reading about state counterclaims- don't recall the exact issue. UBB- I went back through my file, today's volume is a record since the IPO. Steve- quite a bit of the outcome may already have been priced in (Bovespa up 4% today) on the other hand, who knows how much money is sitting on the sidelines. What is your sense as to how tomorrow will go? One very real possibility is an opening surge, followed by profit taking later in the AM. Any thoughts? Tony

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