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


To: Madharry who wrote (12354)1/26/1999 2:18:00 AM
From: Madharry  Read Replies (1) | Respond to of 22640
 
DLJ on 1/22/99 downgraded UBB from its top pick in Latin AMerica to market perform. The analyst did not see the devaluation coming and has decided to cut his losses having recommended it at $17. Locking the barn door after the horses are gone?