Telebras (TBH) & Brazil Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.910

-9.5%

Nov 20 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Alfredo Nova who wrote (11869)	1/16/1999 2:09:00 AM
From: Steve Fancy	Read Replies (6) of 22640

Alfredo...I'm already up to my ears in shorted JAN 2000 TBR 125 puts (looong story). Also own the equiv to 400 shares of TBR pre split (also looong story). I plan on unloading all cellulars except perhaps TCP soon (too speculative for me in an already too speculative enviroment). Will hold all wirelines (TNE, TSP, TCS and EMT). From there, I am confident enough that I am slowly building up a portfolio of in-the-money or at-the-money April and July calls in rank order TNE, UBB, TSP. Already have a nice start on those. TNE will likely outperform and catch up multiple wise to the others in the next 60-90 days or so as BNDES auctions off a stake they still hold to an experienced operator. May also pick up a few TCP and TCS calls if they're still cheap enough after I have my fill of the others. I've been following too long to miss the grand opportunity, and I think we're almost there. In answer to your question, yes. I bought a few TNEDV's today and plan on adding to others as I spelled out on any pullbacks. Keep in mind US markets closed Monday. Will be curious to see what Brazil does. Should have an official IMF pledge to continue bail out plan by then. Good luck...thanks for the input! sf

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next