Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.100

+15.5%

Nov 11 3:59 PM EST

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To: djane who wrote (12209)	1/22/1999 1:08:00 AM
From: Steve Fancy	Read Replies (1) of 22640

Thanks for all the news djane...I'm standing firm on my position that they will get through this. The extreme negativity will hopefully play out to be a good contrarian indicator. We have recently witnessed what can happen as the "if"'s are removed. This is not Russia and not Japan. The next 60 days will be telltale. I do expect it to get worse before it gets better. They need to get a budget approved fast, and completing all voting and approving the CPMF tax in February would be a huge plus. sf

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