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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.750-14.5%Dec 5 3:59 PM EST

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To: md1derful who wrote (11247)1/6/1999 2:39:00 PM
From: Steve Fancy  Read Replies (1) of 22640
 
Not sure Doc...ya never can tell anymore with these Brazilian stocks. I'd still like to know what in the heck was going on yesterday. I think everyone's a little spooked ahead of this senate vote...funny thing is that downside risk seems extremely limited. Whoooo knows?

All I know is that this thing should be much higher than 12.5 by July. Hoping for decent resolution on Jan 12.5's also. Maybe we'll even get a buyout offer yet to bail out my 17.5's.

sf
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