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

To: Weekapaug who wrote (477)	12/1/1997 11:04:00 PM
From: Uncle Mikey	Read Replies (2) \| Respond to of 22640

Off topic PB - Sure the stock has done well, wish I had found it "back then." But lots of stocks have done well over that time period. The point of this stock, IMO, is that, even with it's past growth, it has a lock hold on a vast area that is pretty much untapped in terms of soft drink consumption. The currency concerns are the same as with any non-us stock. The slow down in Brazil will slow them down some, as they say in their most recent Q, but it gives them the opportunity to pick up some new distributers down that way and low prices. This for me is a long term stock, like Coke itself, which I don't own. I had the opportunity about 6 years ago but it looked too pricey so I passed it by. This one looks margainally pricey, but i decided not to pass it by. Time will tell. Let them all drink coke! Mike