Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.896

-0.9%

Nov 21 9:30 AM EST

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To: Telemarker who wrote (12100)	1/20/1999 8:12:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Done Deal! By a large majority no less. If this is any indication of what's to come, they oughta get through the remaining votes with flying colors. I figure this is good for a move to the 73-78 range, but always possible sudden liquidity could move them higher. Also possible that Itmar comes back to haunt yet, but regardless, I think 70 may be the new low. With each successful vote, the fear of darkness dissipates further, perhaps finally allowing fundamentals to start coming into play here. Now, looking roughly for 20 from TNE, 30 from TSP and 25 from UBB, 95 from TBH...then time to reevaluate. Wouldn't mind a slow start tomorrow so I can clear out the very expensive puts I bought today. sf

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