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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: steve kammerer who wrote (6885)8/20/1998 10:17:00 AM
From: MGV  Read Replies (1) of 22640
 
Call me reckless but I have a buy order in. If it hits, I think I'll pull down the hurricane shutters and wait out the storm. Venezuela deval. will rattle and shake TBR.

R Keeling, My sense is that 80 is as low as it will go. I'm willing to bet on it (and take steps to eliminate margin risk) by not paying for put insurance. It is very risky and my comfort level is being tested but, thats my story and I'm going with it.
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