An attempt is made to compare the asymptotic state density of twisted
p-branes and the related state density of mass level M of a D-dimensio
nal neutral black holes. To this aim, the explicit form of the twisted
p-brane total level degeneracy is calculated. The prefactor of the de
generacy, in contrast to the leading behavior, is found to depend on t
he winding number of the p-brane.