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


To: MGV who wrote (6915)8/20/1998 4:24:00 PM
From: RockyBalboa  Respond to of 22640
 
Just laughed about the TBH quote: 70-90

I don't laugh anymore when I look the TBR prices 86, down 40 points (!) from the holy auction days. make me think of changing my invertment style a bit.

Well, others did much worse: Russian Tatneft went to 1/10 of its value now, or look Vimpelcom, not much better.

On the other hand, it is so hard to find a real short target that loses a third of its value within days... Next time I will listen to Oracle, if there is one.

Think, TBR will retest its preceeding asian-flu low of 83-x definitely.

Christian.