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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.952-7.6%Nov 10 3:59 PM EST

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To: Steve Fancy who wrote (12248)1/22/1999 11:30:00 AM
From: md1derful  Read Replies (2) of 22640
 
SF: You're right...I looked upon the nm's solely as protection against a big downdraft..and got out at 6 with a small profit...as for me..been there, done it..in terms of tbh stock action..I am somewhat dismayed that the stock has fallen with the currency and agree that those lofty prices we were hoping for are unlikely to occur without some currency strengthening..this may push out our time horizon a bit, but like you have done so successfully, we can play the dips and spurts...wish the market would give tbh just a tad more multiple...she at least deserves that!!! I'll take anything!!!
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