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

To: Oracle who wrote (6610)	8/13/1998 9:44:00 AM
From: EPS	Read Replies (2) \| Respond to of 22640

Be careful out there..

To: Oracle who wrote (6610)	8/13/1998 11:14:00 AM
From: Steve Fancy	Read Replies (3) \| Respond to of 22640

Oracle, like I said last night...it ain't over till it's over. Thank goodness for this G7 conference call. I think it'll have to get much worse for TBR to go down much further. I had speculated yesterday a bounce of of the 89-92 level. Still seems sentiment is negative enough that the stock may close down...we shall see. Regarding puts...no, some of them expired on June...rest are in October. A tad concerned about being put the stock, but hasn't happened yet, despite no time value in the options. sf