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


To: Uncle Mikey who wrote (383)11/12/1997 8:38:00 AM
From: sulli popilskis  Respond to of 22640
 
You loyalty to the stock is commendable. Nobody argues that it is a relatively sound company. BUt remember, back in August, when the stock first dropped to mid 120, quite a few analyst ( ML, FB )came up with buys, even added this stock to the recommended list. I don't think much has changed fundamentally for TBR, except it got much cheaper.

p.s. you may have your wish of buying in mid 80 realized today.



To: Uncle Mikey who wrote (383)11/12/1997 12:57:00 PM
From: sulli popilskis  Read Replies (3) | Respond to of 22640
 
It looks that you may not be the only believer in this stock. JP morgan just started coverage of TBR with the buy, and set 12 month target at 329 !!!. I don't know what the hell he is smoking. But check yourself at biz.yahoo.com