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


To: md1derful who wrote (1393)4/1/1998 10:59:00 PM
From: Steve Fancy  Read Replies (2) | Respond to of 22640
 
Hi Dr, was wondering if you cashed out. I'd like to think with the quickly diminishing time left, we won't see much more of a drop. I think today was a combination of the Asian markets and the nervousness in Brazil over the extent of the advance in their market the last couple of months. I'm looking for a pop soon...I hope. I notice Japan is down over 3% so far tonight. Asia is likely to come back to haunt us yet, but I think Brazil is in much better shape now then last October.

I'm having trouble finding profitable trades also...Novellus in the semi-conducter equipment group is going to be a big winner IMO, but already up 8 some points in the last week or so. Semi-conductor related stocks are touchy right now, but if you can pick the winners, they're all way off their 52-week high. NVLS is looking like they may be a leader in the new copper technology that promises to give the entire computer industry new life with 1000+ mhz chips. I'm watching AMAT and INTC also. Also currently involved with AGPH, a biotech with one of the hot HIV protease inhibitors on the market with 30% market share...hope to be out of this one soon.

Are you familiar with drug and biotech stocks?

regards,

sf