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

To: Steve Fancy who wrote (588)	12/17/1997 9:20:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 22640

Hi Steve; I have no idea of what will happen to it, that's the problem, there are times these things will go sky high, but when they fall they can do so very fast, just like danky did..there is no way to predict them..if something don't smell right to me I just don't play it..that phone system stinks and while Brazil has a lot of potentual..it seems every time they start to get going good some new twist comes in and their money losses value or inflation takes over..I really loved my visits down there, and the regular people..but I didn't think much of the leaders. Orphans every were and that part was sad. I still have some of their typer money but would have to go hunt to find out what it's called, I think it was crusados or something like that, find out and keep an eye on it or back test it, as if it losses a lot of value..that pumps hot air into the stock prices..which in time gets let out, some times all at once. A small bet may be ok but remember your speculating more with them than with domestic stocks..I'l add down there if you didn't exchange money on the black market you got riped off by the banks, every were I'v been were there is a black market in currency..organized crime is also there..it's an accepted way of life for the peasents. Jim Ps I would like to vist them again, I don't go as a torist, but I'm a 1600 ton master and wind up in some odd places making boat and barge deliveries..I get off the beaten tourist paths when I visit..and often look under the surface of the face they put on for the rest of the world, talk with the regular people..and shop were they shop..Brizil has some of the best looking women of any Country I'v been to..the old tale about Amozon women is not just hot air..I saw a tribe of them..no men alowed..they seem to come to small villages from time to time to breed..and then return into their own..my guess is they kill any male babies born..the gov is trying to get them to give up their ways but has not done so yet, doubt I get back getting old now and about ready to hang it up.