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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.825-11.7%Dec 1 3:59 PM EST

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To: Steve Fancy who wrote (1036)2/16/1998 4:37:00 PM
From: Steve Fancy  Read Replies (4) of 22640
 
Sounds like they're trying to hold it around 120 for expiration. Wonder which way we go Thursday?

"However, price movement in benchmark Telebras' (TEL_p.SA), which normally accounts for half of daily trade, was expected to be limited ahead of Wednesday's expiry as investors ready to exercise options near the current market price."

sf
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