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


To: mbjr who wrote (1245)3/19/1998 1:02:00 PM
From: Doug Chin  Read Replies (1) | Respond to of 22640
 
Mauricio, It is good to hear from an ex-TBR employee.
I lived in Sao Paulo 15 years ago, but I'm sure that things have changed VERY much since then. Back then Brazil was still run by the military, and inflation and foreign debt were way out of control.

Ok, back to the regular channel...
Do you have any feelings on how high TBR is going to go? There is no doubt in my mind that this is going up. The target price is important since it will affect how I play the stock:
1) If I am really bullish and I am convinced this is going up well over $200, options is the way to go.
2) If it's less, then some mixture of stocks/options is more appropriate
3) If I am mildly bullish then I might buy the stock and sell some calls. If the process gets delayed I get to keep the premium and get to sell more calls. (I don't do naked puts either...)

As an ex-TBR employee how would you rate TBR's efficiency as a company? When the government is out of the picture, could a private owner dramatically improve efficiency or raise revenues by offering new products?