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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.429+3.1%Jan 30 9:30 AM EST
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To: EPS who wrote (1518)4/8/1998 1:57:00 PM
From: EPS  Read Replies (1) of 22640
 
Part II (very informal translation)

The more pessimistic scenario.. an area where one could obtain excellent results would be @R$150 since the foreigners that recently lost the upward move will step in..On the optimistic side, closing over $R176 could lead to prices to R$181
with diminishing returns from there on. In an even more optimistic note for the short term the current bullishness could continue even in the R$181 area

Em caso de maior pessimismo, outra  rea mais abaixo onde seguramente trar 
excelentes resultados agora ser  na altura dos R$
150 pois a partir da¡ os estrangeiros que perderam o recente forte movimento de alta
estarao presentes. Do lado otimista,
fechamentos acima dos R$ 176, poderao levar os pre‡os entao para as proximidades
dos R$ 181 (ganhos cada vez mais marginais).
No curto prazo, a agressividade da presente alta poder  ainda perdurar e os R$ 181
ficam vizualizados como meta agora ating¡vel.
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