Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.896

-0.9%

Nov 21 9:30 AM EST

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To: DMaA who wrote (1175)	3/12/1998 2:33:00 PM
From: Steve Fancy	Read Replies (1) of 22640

No kind words, no fast response. I just told 'em TBR is my favorite stock. My second message sent yesterday was polite, but guess I should have reiterated my position. Telecom rules sound like they maybe holding the stock back. I wonder how much more upside we'll see, before ADR clarification? Hope there's not a problem with earnings...what are they doing, selling short term puts and stockpiling all the news? Still waiting for a pullback to initiate new put positions. With any luck the stock will pull back to the low 120's so I can buy the calls back I sold against my stock. What did I predict a month or so ago? Was it 120-130 for March, 125-135 for April, 135-145 for May? sf

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