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


To: djane who wrote (7130)8/26/1998 12:36:00 PM
From: MGV  Read Replies (1) | Respond to of 22640
 
Where is he getting the 4-5 PE?

I have consensus 99 at 12.50. Forward PE 4x is $50 and 5x is$62.50

We are at 6.5X at current price. Granted 6.5X for TBR is outrageous but, its not 4-5X!!



To: djane who wrote (7130)8/26/1998 8:52:00 PM
From: MGV  Read Replies (1) | Respond to of 22640
 
djane,

From the Yahoo board, someone mentioned that the comment concerned Telesp. Apparently Telesp has a 4-5 PE. It is a significant part of TBR and many are specifically bullish w/r/t its prospects. Telefonica de Espana (TEF) won the bidding for it.

Mark