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

To: EPS who wrote (1617)	4/13/1998 4:43:00 PM
From: Steve Fancy	Read Replies (3) \| Respond to of 22640

I've got a temporary problem getting news...will catch it up in a few hours hopefully. Victor, April 130's are pretty risky...you might want to consider May. I still have my sights set at 135+- by the end of the week, but that's slightly biased based on the 135 puts I still have pending. Their market used to move almost identically with NYSE. It reacts independently when the news is good enough. I still feel there's news that has not been reflected in the stock that's busting at the seams. I think the Motta situation has/had the big move on hold. The SS reform delay is a bummer too. sf