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: Aaron Weiss who wrote (392)	11/12/1997 5:44:00 PM
From: Ted Jackson	Respond to of 22640

My unstated assumption was that there would continue to be massive moves in this security. It has dropped more than 60 points in less than a month, with extremely volitile vascillations. I don't think that the market has found a stable price for this security, especially considering the uncertainty with the Brazilian market (not to mention the US market lately). TBR dropped another 9 3/4 points today...nothing new. We're on the tail end of some pretty massive moves RIGHT NOW. Your point is well taken, though. I definately would not want to hold the options for more than a few days (unless of course they continued to make me $$$!