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

To: chirodoc who wrote (319)	10/29/1997 5:09:00 PM
From: Fred Levine	Read Replies (3) \| Respond to of 22640

To all- IMO, it is extremely difficult to time stocks, but value will prevail in the long run. TBR is value, and the value will increase as they privatize and as the Brazilian economy continues to grow--especially in the consumer sector. I don't rememeber the figure, but I recall an estimate of the dividend that make this a decent income stock as well. I wish those who play the options well, but I plan to look at the price of TBR a year from now. I did bail out when the shit hit the fan, but I got back in and plan to stay there. good investing--fred