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Non-Tech : Simula (SMU) -- Ignore unavailable to you. Want to Upgrade?


To: Jaime H. Ayalde who wrote (1387)9/11/1998 1:26:00 AM
From: Jaime H. Ayalde  Read Replies (1) | Respond to of 1671
 
OFF THREAD:

Hey Obi-One-kanobi,

Even I am at awe!

This Brazilian thing is (for the lack of words) awesome.

I guess even the big buck analyst can get a security mispriced. How would you like to be the one that directed the MCI Bid of $295 dollars a share for TBR. It is literally vanishing before your eyes. $160 - $120 - $90 -- $60. They had two circuit breakers today. It settled at $49.

Big boys are getting hurt. (The 35 year old bankers) <GR>

The inversion in the States is getting serious. But the question to you is what is going on in Mexico? Something is not right as my numbers show a 49% internal rate of holding MexPesos. That can not be good. A week before the Russian Fiasco rates hit 228%. Rates today in Brazil hit 40%. A week ago they were at 19%.

At times like these I feel good with SMU>