Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.080

+1.4%

Nov 18 3:59 PM EST

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To: EPS who wrote (6381)	8/6/1998 2:31:00 PM
From: Steve Fancy	Read Replies (2) of 22640

Victor, I'm counting on it. News has just dried up. After all the speculation we'd see listings this week and nothing to date, TBR investors seem to be looking for things to worry about again, such as the white house scandal. We need some news! Who would've guessed the DOW would decide to correct 900 points right after the sale. What a pisser. We do have the influence of Brazilian options expiration looming...a week from Monday. Doesn't look like the stock wants to go to 102. If it did though, historically this level has been the pivot point. Keep your fingers crossed on Japan and Hong Kong tonight, and the employment report tomorrow. sf

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