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Technology Stocks : Vitech America tackles Brazil -- Ignore unavailable to you. Want to Upgrade?


To: Michael Burry who wrote (130)11/3/1997 11:21:00 AM
From: AJ Berger  Read Replies (1) | Respond to of 153
 
Brazil handled Downturn well

according to an article in the thestreet.com
maybe it was their willingness to devalue,
unlike Hong Kong, which must maintain the peg.

The strength of this stock continues to mystify me.
I can only attribute it to it's relatively small
float, in lue of it's seemingly good numbers.

Could this stock be up on currency fluctuations?
I mean, the dollar maintained it's strength in
this recent downturn, and maybe that's the hidden
story here? Thanks Mr. Burry for contributing.