|
PureBytes Links
Trading Reference Links
|
Here goes something to add to your discussion
J.Carlos
SYMBL SECURITY CLOSE CHANGE VOL
----------------------------------------------------------------------
TBR Telecommunicaoes Brasileiras Sa.... 135 -11 1/4 91110
.INDU Dow Jones 30 Industrials........... 7,975.71 +52.73
----------------------------------------------------------------------
* High-flying Brazilian telephone holding TELECOMMUNICAOES
BRASILEIRAS SA tumbled in early trade, hit by profit-taking and
currency jitters, traders and analysts said. Traders and
analysts said Telebras had been weighed down in part by rumors
that Brazil would devalue its currency and by profit-taking
after a strong run. Telebras, a darling among investors, has
risen from 76.50 at the end of 1996, and hit a high of 169
Thursday. "The worst rumor is devaluation after what's happened
in the Far East markets," said Ray Kelly, Latin America
director at Robert Fleming. (Reuters 02:48 PM ET 07/15/97) For
the full text story, see
http://www.merc.com/stories/cgi/story.cgi?id=3948514-ed2
----------
From: Vilas Boas <vilasboa@xxxxxxxxxxxx>
To: 'Metastock- User Group' <metastock-list@xxxxxxxxx>
Subject: EN: TELEBRAS ADR
Date: Terça-feira, 15 de Julho de 1997 21:12
Mr Kobetitsch is write. Brazil have nothing to do with what goes on in
Asia. There is a Monetary Reserve for more than 9 monthes of imports, and
the normal one is for 3 monthes. No devaluation is ieither expected or
needed in Brazil. Can it be only a big correction?
Whar does technical analisis has to say about?
----------
De: Harry J. Kobetitsch[SMTP:kobet@xxxxxxxxxxxxx]
Enviada: Terça-feira, 15 de Julho de 1997 20:32
Para: ClaudB@xxxxxxx
Cc: metastock-list@xxxxxxxxxxxxx
Assunto: Re: TELEBRAS ADR
ClaudB@xxxxxxx wrote:
> There is some talk in Wall Street about currency devaluation in
> Brazil, Peru and a few other countries. So far, just talk.
>
> ClaudB
Hold ON!!!!
Where are the facts? Where did you read this?
Asia is going through devaluation now, maybe
you have the wrong continent.
----------
|