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


To: Steve Fancy who wrote (9578)11/10/1998 6:01:00 PM
From: posjim  Respond to of 22640
 
Steve, many thanks for the posts! Spoke with Goldman Sachs international private client person today about Brazil. She has been trading TBH since August and also expects the stock to see 100 before Xmas. She expects rough seas in Brazil for some time. Still claims it is a 200 dollar stock.

She warned me that if TBH was trading at 100 and they devalue, expect to wake up with it trading in the 70s.

Traded TBH for a point today. Holding TBH in IRA and TBR in bad trades account :)

There were some big 100k block buys today on TBH.

thanks again,

Jim