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

To: Steve Fancy who wrote (738)1/16/1998 1:33:00 PM
From: Steve Fancy  Read Replies (4) | Respond to of 22640
 
Ok guys, at the risk of cursing the stock for the day, I'll offer another daily prediction...107 1/2-108 at close. Normally on a Friday in this nervous market I'd anticipate a sell off at the end of the day, but there appears to be enough buying enthusiasm that we may escape this phenomena today....with options expiration to boot.

If it closes below the current 105 3/4, I'll keep my mouth shut in the future.

sf



To: Steve Fancy who wrote (738)1/16/1998 5:10:00 PM
From: Weekapaug  Read Replies (1) | Respond to of 22640
 
Steve,

Maybe the delay is for Portugal to submit bid.

If I had to guess, Monday TBR will open up no matter what happens. Selling for 1 dollar discount to real.

Ken


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