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

To: Rohit Nanavati who wrote (8567)	9/28/1998 7:03:00 AM
From: Ganesh	Read Replies (2) \| Respond to of 22640

Who can tell the thread how short LTCM is of TBR? Surely there is an institutional equity broker out there lurking? Dig for it. Ask your contacts. Ask your friends. Speculate against these jerks, and help bury them forever. Any information welcome. Ideally, I would like to know how short: LTCM Soros Tiger Moore Capital Ross Capital Convergence Capital Everest Partners and any other leveraged fund, is. They are, by now, all getting the willies over a prospective U.S. credit package to Brazil. Check out Cramer's "A Reporter's Primer" today on TheStreet.com For those that want to maximize their gains, go long TBR and short financial stocks at the same time. Like Lehman or Bear Stearns, both highly exposed to lots of leveraged funds, not just LTCM. See SI thread "Shorting the Big Bank Stocks".........

To: Rohit Nanavati who wrote (8567)	9/28/1998 1:46:00 PM
From: Steve Fancy	Respond to of 22640

Hello Rohit, I've seen talk about a potential Brazilian recession for some time now. May be a side effect of the necessary path to recovery at this point. However, the folks in the know, the big buyers of the baby bras, valued these companies in the high two hundreds, suggesting to me that there's still plenty of upside potential as confidence in Brazil returns, even if a recession results. I think there may be many who still think Brazil will devalue after the elections. I believe Cardoso...no devaluation IMO. sf