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

To: Steve Fancy who wrote (374)	11/11/1997 4:57:00 PM
From: Uncle Mikey	Read Replies (1) \| Respond to of 22640

Unlike the stock picks of George Soros and Warren Buffett, the wire services are unlikely to report it, but SI comes through with the news.... Uncle Mikey bought a stake in Telebras today at 93 1/2. Why? Because Uncle Mikey is greedy. He is also trying to restructure his portfolio into a collection of "put-them-away-for-5-or-10-years" stock selections. TBR will, in Mikey's opinion, almost certainly go lower before it goes higher, but over 10 years, Mikey believes the stock will actually go up in value.