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

To: Longterminvest who wrote (6326)	8/5/1998 8:10:00 AM
From: Oracle	Respond to of 22640

Hi did not, it was a typo from me, to which Steve responded. Good call on those Jan99, although I think you will find they will be going down today.

To: Longterminvest who wrote (6326)	8/5/1998 10:32:00 AM
From: Steve Fancy	Respond to of 22640

Kalpesh, I had thought Oracle was suggesting he paid 10.5 for OCT 110, and trying to offer a bail out solution. Fortunately he has the 110. Regarding the 2000 125, sounds like a good plan...ya sure would think the dust will have settled by then. Only concern in my mind going out that far is devaluation concerns, but I still don't think there is much, if any chance Brazil will have to do that. They have demonstrated their will against doing so, in less it was just an election year game. sf