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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.800-3.1%Dec 2 3:59 PM EST

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To: Doug who wrote (1034)2/16/1998 2:04:00 PM
From: Steve Fancy   of 22640
 
Hi Doug...well, I'm in the stock at current levels and plan on holding for an undetermined amount of time yet. I tend to make decisions on the fly...my gut feel is there's plenty of upside yet, but have to admit that I might not be as quick to buy at 120 with all the "ifs" floating around right now. I am looking to sell more options and am looking for a pullback to the lower teens to do so, but it's always possible TBR doesn't look back at those levels with the increase in stock moving news I expect to see.

regards,

sf
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