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

To: Sonki who wrote (1237)3/18/1998 11:03:00 AM
From: Michael Burry  Read Replies (1) | Respond to of 22640
 
I still see at least 157 this year. And I am likely to hold
it through the break-up, buying shares on the cheap if there
is the institutional dumping in June as people say. But I would
certainly not want to be out of this stock now.

Good investing,
Mike



To: Sonki who wrote (1237)3/18/1998 4:42:00 PM
From: Steve Fancy  Read Replies (2) | Respond to of 22640
 
Finally got an order through...got 5 1/2 for APR 135P. I have never sold ITM puts on TBR, but had to to receive a premium I found workable. I'm a little nervous about them in that 135 was my high estimate for April, but I didn't think we'd get there till April so should be a winner. Will look at May puts on Monday. Go TBR!

sf


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