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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: Weekapaug who wrote (6308)8/4/1998 10:31:00 PM
From: Steve Fancy  Read Replies (5) of 22640
 
Hi Ken...

I have no idea where we're going, but I guess I lean towards some more selling out of the gate tomorrow with a mid to late day turn around. The key short term question in my mind is when they're listing the babies. Several stories and analyst reports (including Merrill) have suggested they'd list this week. I believe that even Barros's latest comment on the issue suggested very soon. I do plan on averaging August calls down tomorrow.

Hope you're right about that full moon theory.

sf
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