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

To: tcd who wrote (1104)	3/3/1998 12:58:00 AM
From: Steve Fancy	Respond to of 22640

I remember that...the good old days, about as risk free an investment as any to be found. I'm extremely bullish on the stock, but have to adjust to the new trading range. Will probably sell something in the next couple days, the trend is sure looking up. Apparently we have both interest rate meetings and earnings about the first of each month. Still looking for earnings and ADR news. Sounds like no appeals on the advisor selection. Actual signing of contracts was slated for mid-march. Should see ADR details soon after that I hope, if not before. It'll take a huge hammer to due much damage to TBR at this point IMO, but I would still expect the potential for some huge gaps, up and down at the open...volatility will hopefully pick up a tad...options premiums have been lousy compared with what I've become accustomed to. Good luck. sf Good luck, sf