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


To: EPS who wrote (1526)4/8/1998 1:59:00 PM
From: Steve Fancy  Read Replies (1) | Respond to of 22640
 
130 - 140, real close to my April projections. I'm raising my May projections to 135-150. I really ought to sell more puts, and buy more calls, just learned that all eggs in one basket lesson too many times.

Like David, I wonder how crucial Mr Motta is to the remaining process. Can his health problems stall the process? Like David, I wish the man a full and quick recovery.

May have to hang in there till Monday. I've seem some incredible buying opportunities on these slow Fridays. I got one of my best trades ever the day Friday before Labor Day weekend last year when the stock briefly sank to 118. I think we trade all day Friday.

If the stock were to drop below 120 where I was forced to sell, I'll pick it up again.

sf

sf