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

To: Bob Howarth who wrote (11768)1/15/1999 9:07:00 AM
From: Alan Lynch  Read Replies (1) | Respond to of 22640
 
Thread,
Analyst on CNBC's squawk box just recommended Telebras as "the cheapest telecom stock in the world."
Using the example if the real was to be devalued 85%, he could still stick by the quote.
Going back over old ground, he stated when Telebras was sold off to privatisation, the combined value of all companies making up Telebras put the share value at $295!!!!!!!!!!!!!!
The value is there in the company, have a bit of patience.
Regards,


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