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

To: Kevmeister who wrote (6417)8/7/1998 1:36:00 PM
From: Harold Carrizo  Respond to of 22640
 
Anyone have an opinion as to whether the GOB is out of the picture as far as support if we go below 100? This could be one negative resulting from the sale of their position.

Hemorrhaging seems anything but slow.



To: Kevmeister who wrote (6417)8/7/1998 1:38:00 PM
From: Steve Fancy  Respond to of 22640
 
Kev, this stock is famous for hitting 99-102 and doing an about face. Can't believe it'll be any different this time...but then again, who the hell knows anymore.

I've got order in to average my five AUG 115C with 20 more at 5/8. I believe there will be big buyers at the 100-102 level, and doubt 115C's will go for much less than 5/8 with two weeks to go.

sf


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