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

To: Mandinga who wrote (11777)	1/15/1999 9:55:00 AM
From: lebo	Respond to of 22640

It is a buy at a 100, so it is more than a buy at 60

To: Mandinga who wrote (11777)	1/15/1999 9:58:00 AM
From: hoyasaxa	Read Replies (1) \| Respond to of 22640

TBR auctioned off for $295/share in October. If parts greater than whole TBH should be worth considerably north of that. I, for one, have been aggressively buying since it was $115. As the fellow on CNBC said this morning, investors should buy, close their eyes, and enjoy "phenomenal" returns in 2-3years! Nevertheless, as uncertainty remains, I cannot accurately predict ST price appreciation so may not be a buy for daytraders today at this level. All the above, of course, IMHO. JG