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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.750-14.5%Dec 5 3:59 PM EST

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To: Steve Fancy who wrote (997)2/11/1998 11:26:00 AM
From: Steve Fancy  Read Replies (1) of 22640
 
I'll bet TBR peaks in the next day or so. After the SS reform vote today, I just don't see the news to continue the momentum until the end of the month, unless we get some positive press or analyst comments supporting the higher price targets. I would sure think the DOW is pressing it's short term cap also. Perhaps a slide back to the lower teens after Brazil option expiration on the 18th?

sf
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