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


To: Petrus who wrote (7755)9/10/1998 4:52:00 PM
From: RDH  Read Replies (1) | Respond to of 22640
 
Petrus,

you had mentioned you were interested in TBR. Nice to meet you again.
I have been eyeing this stock once again after your comments on another thread (I think it was TLK).

I had been watching TBR when it had a dip from about 120 to 100, but I was too much of a coward to buy it. Now thinking very seriously about when to jump in. I have a lot of ORCL, which should go up nicely tomorrow (they beat estimates by around 4 cents) so if I want to I could use margin for TBR.

I think I will wait awhile until the entire Brazilian situation settles down. I don't expect there is any hurry to buy TBR -- but I have to admit it is attractive at these prices, for sure.

- RDH.