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: posjim who wrote (9676)	11/13/1998 2:57:00 PM
From: Steve Fancy	Read Replies (2) of 22640

Jim, no way to tell what's really going on today. Monday/Tuesday could be up days. I suspect there's a significant amount of last minute selling by small shareholders to convert to TBH (unusually high volume today) and/or to buy selected babies Monday morning. Still looking for information on when options on six of the babies start to trade. Due to liquidity, sure looks to me that TBH is gonna be around for a while. If I have my mother switch, I'll probably switch to TBH. Should be a great time to buy UBB also with the promise of continuing drop in interest rates. sf sf

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