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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.956-0.1%Nov 25 3:59 PM EST

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To: Fred Levine who wrote (1088)2/27/1998 2:32:00 PM
From: Steve Fancy  Read Replies (1) of 22640
 
Hi Fred...you beat me to it. It was Scott Bleier of Prime Charter. He stated that TBR was an "remarkable investment that has not participated as much and is due". He feels as I do, that the market is overdue to pullback. Seems to me that earnings warnings should start in the first couple weeks of next month. TBR month 1 earnings should be out yet today, or early next week based on their reporting patterns...I would expect them to be good for a small bump up.

Maaaybe, TBR will hold or rise, if and as the market pulls back. I may sell a put position today.

sf
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