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


To: Steve Fancy who wrote (8753)10/2/1998 2:04:00 PM
From: DMaA  Read Replies (1) | Respond to of 22640
 
Wow. TBR about 68 when this was released. Let's see what effect it has as it gets out.



To: Steve Fancy who wrote (8753)10/2/1998 2:19:00 PM
From: Paul Berliner  Read Replies (1) | Respond to of 22640
 
Steve F., what else would S&P expect from a country with a currency
whose rate of exchange is the same when sovereign rates go from 11% to 49% within a 1 month span? The Real must break.