Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tony van Werkhooven who wrote (1128)	3/5/1998 9:46:00 PM
From: md1derful	Read Replies (1) \| Respond to of 22640

SF: STock acted great today...she really want to go upward.

To: Tony van Werkhooven who wrote (1128)	3/6/1998 2:01:00 PM
From: Steve Fancy	Respond to of 22640

Tony, if Brazil becomes fearful of currency attacks, I would expect them to do what they did last October...raise interest rates through the roof. Devaluation concerns seem to be the driving force behind TBR's volatility and has settled down as the emphasis on Asian concerns has died down. If Asia concerns come to the forefront again, I'd expect the volatility of a few months ago, but with the stock at higher levels than a few months ago. It would probably pull back significantly from whatever level it's at then continue to increase as the time between now and privatization decreases. That would be my opinion. sf