Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: md1derful who wrote (22316)	5/23/2001 9:04:31 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 22640

Hear ya Doc, I still have seven of them but only significant holdings in a few. Think there's a ton of potential, and generally when the nasdaq resumes an uptrend I would hope they starting coming back, in the meantime though, I think the nasdaq is heading back down and hate to think. Always something here the most recent of which has been argentina and political problems...not argentina is looking brighter and they have to raise rates because of an energy crisis. I fully expect they decide to go ahead with this senate investigation of these couple fellows next. I may even bail from half my TNE tomorrow. It's become kind of like kicking an open wound on an daily basis. I am having to trade twice as hard to try and cover the losses here. In fact I may just sell everything here tomorrow except the three or four cellulars I only hold a few shares of as I expect these will probably be taken off the table soon. I see they only bumped rates by half a point, so that should be a small plus...not sure when they hold this senate vote though...thought it was going to be today. It's been a riot though:~) sf

To: md1derful who wrote (22316)	5/24/2001 10:59:46 AM
From: Steve Fancy	Respond to of 22640

Sold half my TNE, or 500 shares at 16 and 300 EMT at 8.02 leaving 500 of these also. I have an uneasy feeling about the Nasdaq over the next 30 days or so and am increasing my cash position. Will probably continue to hold everything else here as I don't want to fall for the age old trick of selling at the bottom, but I have cleaned up house enough that Brazil can no longer have the impact on my portfolio that it did 60 days ago. Although if and when Brazil starts to run, it'll probably run nicely, I have a feeling my cash may produce better returns here at home by year end. regards, Steve