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


To: MGV who wrote (7134)8/26/1998 7:39:00 PM
From: steve kammerer  Read Replies (2) | Respond to of 22640
 
Shellshocked is a good word for it. I miss our "medic", Steve Fancy, who always treated us for battle fatigue.
stevek



To: MGV who wrote (7134)8/26/1998 7:40:00 PM
From: MGV  Respond to of 22640
 
ADRs fall on global economic fears
cbs.marketwatch.com

"Currency concerns around the globe have investors shaking and shedding shares of companies in emerging markets that might be devaluation targets. As Venezuela struggles with oil woes, and as the value of its currency, the bolivar, weakens, other Latin American markets are trending lower, with investors wondering who's next.

Brazil's main index, the Bovespa, fell 4 percent, dragged down by telecommunications holding company Telebras. U.S.-traded shares in the company (TBR) fell 3 3/8 to 80 1/2."



To: MGV who wrote (7134)8/26/1998 7:43:00 PM
From: MGV  Read Replies (1) | Respond to of 22640
 
ADR REPORT - ADRs tumble with Russian meltdown
biz.yahoo.com

''We're still hostage to the Russian crisis,'' a Latin American trader said.

ADRs with exposure to Latin America were hit hard.

Telefonica de Espana (TEF.MC) (TEF - news), which has big investments in Latin America, fell 4-3/16 to 126-3/16.