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


To: md1derful who wrote (9545)11/10/1998 1:18:00 PM
From: Tony van Werkhooven  Read Replies (1) | Respond to of 22640
 
I don't know if I'd buy a ton more. However, like Steve I wished I had bought UBB about a month ago. I still think that we will muddle through this. Brazilian stocks still seem cheap based on earnings, even when you discount for a recession and, say a 25% devaluation.
By the way, you seem to be doing well with TLK also. Takes guts to buy that.

Tony