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

To: Steve Fancy who wrote (12308)1/23/1999 4:03:00 PM
From: David Petty  Read Replies (1) | Respond to of 22640
 
Hey if they get much cheaper and the current owners (July bid winners) get chicken, we, the members of this board will make them an offer and take over the babybras (plus UBB).



To: Steve Fancy who wrote (12308)1/23/1999 4:10:00 PM
From: David Petty  Respond to of 22640
 
One other thought, doesn't this mean that the July bid winners have just gotten a substantial price cut since their future payments are in devalued Reals ... I do realize some of them were induced to make earlier payments than normal and got some incentives to do so...


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