Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.030

-3.7%

Nov 7 9:30 AM EST

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To: Art Baeckel who wrote (22357)	7/5/2001 2:13:10 PM
From: Steve Fancy	Read Replies (1) of 22640

Hey Art, trying to get caught up here after the holidays. Yes I intend on doing something with TNE but may wait another day or so. Also eyeing some of the small cellulars as these babies tend to pop big whenever the Ibovespa changes course. With EMT and TNE down 6% and 7% I am surprised that the Bovespa is up .57%. I guess my gut is they're going a little lower yet, possibly tomorrow after more warnings tonight? The big question in my mind is whether or not earnings starting next week will stabilize the market or there will be a final capitulation over the next couple weeks. From a trading standpoint though TNE and a few others here sure are looking ripe. I have not caught up on Brazil news yet though and am not fully on top of what scandals are hot right now and where they stand:~) What do you think? Steve

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