Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.570

-4.5%

Dec 26 9:30 AM EST

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To: Steve Fancy who wrote (697)	1/12/1998 11:49:00 AM
From: Steve Fancy	Read Replies (2) of 22640

Wow, what a morning. Anyone get in at 94? Bought back my JAN 100p at 4 3/8. Kicking myself, could have bought them back at 1/2 early last week. Sold at 5 1/2 though so can't complain. Still hold FEB 95p and FEB 110p though. I'm betting that come FEB option expiration the stock is well above 110. Wish I hadn't gone out on the limb though. If it hadn't been for the renewed Asian concerns, I believe we would have established a new trading range, but it's always something, right? sf

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