Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: lebo who wrote (9347)	11/3/1998 2:17:00 PM
From: steve kammerer	Respond to of 22640

That was a purchase price in REALS to be paid off in the future in discounted REALS for voting and financial control of the companies. We don't have that. Don't get me wrong, I would love for this to go up - I'm long at $114, $121, $127 and my real inciteful purchase at $133. I'm just tring to keep some level headedness here. I hope it will go up, I feel it's undervalued but CNBC just had another discussion saying in effect: "Why give IMF money to Brazil when they are going to devalue anyway in 6 months?" I would love to see some real method of TBR valuation using discounted cash flow techniques or something else. By the way, as I've mentioned before there are numerous ways for the profits to be recorded to the detriment of us, the 80% of shares that don't vote. You cannot control sales of material from the holding companies of the Baby Bra's to the Baby Bras thereby repatriating profits which totally bypass us. Just my $.02 worth and $25,ooo loss so far on optimistic dreaming that I knew better than the market, stevek