Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.956

-0.1%

Nov 25 3:59 PM EST

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To: David Petty who wrote (11716)	1/14/1999 4:35:00 PM
From: Steve Fancy	Read Replies (1) of 22640

David...why not...I think (not positive) that this has happened several times before? Somebody was propping the price up right through the Bovespa halt. Other than something related to options expiration, who else would be doing that with all the rumors in the air. Next devaluation, if it occurs, TBH could turn fast. Percentage wise, TNE really go whacked today. Remember that bids on the mirror licenses for TNE and EMT are supposed to be opened tomorrow. Looking at all the babies, you can see they're getting reluctant to go much lower. sf

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