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


To: posjim who wrote (9883)11/19/1998 2:54:00 PM
From: Steve Fancy  Respond to of 22640
 
Hey Jim...thanks. I've always wondered if anyone other than myself paid much attention to my Baby Bra closing figures. I think this list is great stuff. Should print it out and hang onto it if you plan on trading the babies.

I'm really liking TNE the more I look into it. May pick up more TNE calls. TNE seems to offer perhaps the most shorter term potential. I expect they will find an experienced operator to add to their consortium. Look at it today...traded more than twice the volume of the any other babies. Will be picking up other baby options over the next few days...will post my selections. Hope others will do the same...please post anything you can find out. I'll check SBC Warburg with my broker tomorrow. So far seems that most here are content with the basket rather than focusing on individuals. That should work well, but I'm seeing more and more opportunity in the babies.

Would appear that as I thought the split may reduce overall volatility of the baskets in that the individual companies are forcing some level of value considerations.

Good luck.

sf



To: posjim who wrote (9883)11/19/1998 3:45:00 PM
From: Steve Fancy  Respond to of 22640
 
Jim, another note on TNE today. I consider that it is really up. Was looking last night like it would close at 12 7/8 to 13 in regional exchange trading, but a fluke trade went through above the ask at 13 5/8 sometime before 5.

sf