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


To: DMaA who wrote (7257)8/28/1998 6:38:00 PM
From: Michael Burry  Read Replies (1) | Respond to of 22640
 
I had mentioned on the value investing thread that I loaded
up on TBH yesterday and today. In response I got this:

"did you know that telebras is supposed to be a disaster waiting to happen with regards
to y2k? The WORST."

I of course have not personally evaluated their Y2K readiness. I'm happy to buy the future of Brazil telecom at 6 X earnings and a tiny multiple of cash flow. But I thought that the thread might want to see this and comment.

Mike