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

To: djane who wrote (7864)	9/11/1998 12:14:00 PM
From: Steve Fancy	Respond to of 22640

This is what I picked up on... Brazil's CVM securities and exchange commission is slated to talk about trading in the 12 holding companies at a press conference at 1600 local/1900 GMT. I think TBR either has bottomed, or will yet today or Monday. Will be watching close. I haven't been following this nightmare for almost 14 months to miss the turnaround. I want new positions established before the listings. Dj, in response to your earlier question, yes TBR has generally followed the DOW in the 14 months I've been watching. Has bucked the trend on significant news of it's own, but these occassions have become less and less as time has dragged on. sf sf