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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: md1derful who wrote (21020)6/5/2000 4:38:00 PM
From: Steve Fancy  Respond to of 22640
 
Doc, I don't know which direction things are headed, but I believe the babies will be the determining force going forward. I think TBH will just kinda be dragged back and forth here on out...kinda like RTB has been with it's average daily volume of approx 2250 shares.

sf



To: md1derful who wrote (21020)6/5/2000 5:25:00 PM
From: wl9839  Read Replies (2) | Respond to of 22640
 
Doc,

I think we will see a gradual dimunition of TBH trading volume as investors realize it no longer is a good proxy for the general Brazilian market. It might be different if investors view it as a proxy for the wireless market with emt and tne thrown in.

My guess is that the individual baby bras will now come into their own, especially if the bovespa's initiative to link up with the NYSE pans out.

WJ


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