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

To: EPS who wrote (1590)	4/12/1998 6:02:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 22640

Brazil's Motta stable in intensive care unit RIO DE JANEIRO, April 12 (Reuters) - Brazil Communications Minister Sergio Motta remained in stable condition on Sunday and under observation in the intensive care unit, Sao Paulo's Albert Einstein hospital said. biz.yahoo.com

To: EPS who wrote (1590)	4/12/1998 6:16:00 PM
From: Steve Fancy	Read Replies (2) \| Respond to of 22640

Victor, I'm very optimistic. Hard to say how the news on Motta will affect the situation, but that aside, I'm feeling positive. We'll be watching futures and foreign markets in a couple of hours...I believe South Korea traded up over 4% on Saturday. As far as a plan, I have no plan...take each day as it comes. If the stock were to hit the 135 level, I'd probably bail fast from any April positions, but depends on the circumstances at the time. With all the news, I just can't believe there's much downside with the time between now and privatization quickly narrowing. Besides interest rates next week, hopefully we'll see a big long list of potential buyers resulting from the prequalification process on Tuesday. sf sf