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


To: DMaA who wrote (1599)4/13/1998 12:23:00 PM
From: Steve Fancy  Read Replies (2) | Respond to of 22640
 
Well, I feel very badly for Mr Motta, but still believe this stock is gonna roll. Other than the political aspects that Jeremy pointed out, we should be beyond the worst of this news now. I'm sitting pat on all positions for now. Other than for Mr Motta personally, I would think the only real concern at this point would be what the possibility of a further delay is...but as has been speculated here, I would think his role is minimal at this point and Brazil seems to be moving fast to pick up the pieces and move on. Mr Motta seems to have done an excellent job.

I like Santander's price target! I should probably be buying/selling more.

I believe it may close up today, and likely continue going up all week.

sf