Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.404

-14.1%

Dec 31 3:59 PM EST

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To: wl9839 who wrote (15403)	5/19/1999 1:52:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Thanks for the information Warren. I think the retraction of the minimum age should be big news. It was certainly big as they tried to get it approved. I thought it was law. Hope this one doesn't come back to haunt us. I'm amazed this hasn't been picked up by the wires yet....seems a violation of the IMF agreement. I'm generally nervous heading into next week as it is. May close out small UBB and TNE positions today depending on developments. It's not just Brazil short term options I avoid. If I'm going to put money up for a couple days, I'll ususally do it in the form of a strangle or straddle. UBB holding up OK also.

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