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

To: Steve Fancy who wrote (697)	1/12/1998 11:49:00 AM
From: Steve Fancy	Read Replies (2) \| Respond to of 22640

Wow, what a morning. Anyone get in at 94? Bought back my JAN 100p at 4 3/8. Kicking myself, could have bought them back at 1/2 early last week. Sold at 5 1/2 though so can't complain. Still hold FEB 95p and FEB 110p though. I'm betting that come FEB option expiration the stock is well above 110. Wish I hadn't gone out on the limb though. If it hadn't been for the renewed Asian concerns, I believe we would have established a new trading range, but it's always something, right? sf

To: Steve Fancy who wrote (697)	1/12/1998 8:08:00 PM
From: Weekapaug	Read Replies (1) \| Respond to of 22640

Steve, What a great day for TBR! Up down all around! As far as Japan goes, I read where March 31 is the big day for all the banks to show and tell. I would imagine IMO if the news was real negative we would, maybe? Have another one of those periods where we go down before the summer, MAYBE! Checkout-Investor.com if you haven't already. I was so close to putting my order off to buy TBR until end of day Friday. What adifference it would have made. Investor.com is why I jumped back in to TBR. Assured ADR;'s would receive fair value. Have a Korean friend who talked to her brother (40's), nothing changed as yet? It's no different then what happened here IMO. Nothing but talk so far amongst people? I try to relate it to what happened here, when we had our banking crisis. We'll take years to filter down IMO. I bought those stocks for long-term holdings. Anyways, I have 2 adopted asian children. So we'll go to annual meetings LOL :) and I'll write off some the cost against original purchase price. Yahoo, World Markets, for Korea, after 9pm esitmate, maybe earlier Boston time. Regards, Ken