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


To: Fred Levine who wrote (9579)11/10/1998 6:11:00 PM
From: Steve Fancy  Respond to of 22640
 
I don't know Fred...seems that long termers won't want to be trading in and out of 12 companies and fund tax selling should be behind us if I understand correctly that October 31 was last day for them. Further, I would guess there's a lot of folks in profit mode by now, I also believe many were forced out on the way down to 46. Assuming at a minimum continued stabilization world-wide, I think it could end the year between 100-110. Not counting on it, and my current TBR investments rely simply on TBR over 125 late next year, but I'm looking at some shorter term TBR options plays based on these numbers.

sf

DISCLAIMER: I've been very wrong about this stock before.