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


To: Steve Fancy who wrote (11361)1/10/1999 4:24:00 PM
From: David Petty  Respond to of 22640
 
Steve, help! I am increasingly getting fed up with SI or either I am doing something wrong again. I can not get the search engine to go back 120 days anymore... stops in Dec 1998. Any comments/suggestions.

Comment/Question: It would seem like as long as they can keep interest rates decreasing market reactions would be less negative than they have been. Refresh my memory, what is the IMF year-end target for them (21-22% ?) and are we not headed fairly orderly there...



To: Steve Fancy who wrote (11361)1/10/1999 4:34:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 22640
 
SF, I especially "like" that one:

But Franco, who was president between 1992-1994, refused to
comment on Cardoso's threats and made a joke about the damage
his debt moratorium inflicted on Brazilian shares and emerging
markets across the globe.
"I am very worried because my stocks in Tokyo fell...My
stocks in Hong Kong fell and in New York they fell," Franco
said.
"Since I have so many stocks in Hong Kong, Tokyo, and New
York...I am therefore worried."


Man, what a crook he is.

But, however, I found myself caught somewhat bullish, especially on UBB (though not as much as in early autumn) in the light of the takeouts of other banks.

C.



To: Steve Fancy who wrote (11361)1/10/1999 5:37:00 PM
From: Tony van Werkhooven  Respond to of 22640
 
Steve- Franco is so irresponsible that he will not get any credibility. The response of the federal government has been impressive- positive for them. However, the net is still a big negative for the markets for now.

Oh well, carnival is not far off <BG>.

Tony