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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Charlie Schultz who wrote (692)	1/9/1998 2:30:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 22640

Hi Charlie...me too, sold FEB 95p @ 5. Have an order in to buy the JAN 100p back at 1 3/4 but not looking good. I hope we hear some kind of news on some of these bail out plans over the weekend. That coupled with upcoming earnings from MOT and INTC could allow for an up day on Monday. The only concern in my mind is the possibility of Brazil devaluing their currency. Dosen't seem likely to me. Good luck and welcome to the TBR longs. sf