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

To: Paul Merriwether who wrote (308)10/27/1997 7:47:00 PM
From: dougjn  Respond to of 22640
 
Yep. Actually, I don't really model exact price, especially in the near term on the downside. Issue is when conditions change. Until the palpable risk or currency attack abates, TBR is a sell. Not a hold, a sell.

Regards, Doug



To: Paul Merriwether who wrote (308)10/28/1997 1:36:00 AM
From: Gene J. Abel  Read Replies (1) | Respond to of 22640
 
I'm curious why was Brazilian market down 15% but, TBR was down twice that?? Especially since nothing changed from last friday.


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