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

To: David Petty who wrote (11315)	1/8/1999 1:57:00 AM
From: Steve Fancy	Read Replies (3) \| Respond to of 22640

Yup, very interesting (I hate that last word on investment chat boards). I'm also encouraged by the contrarian fact that most of the same brokerages that were high on Brazil all last year are now seeming kind of down. Bothers me that everyone likes TNE though. Darn it...TNE was my idea. Everyone else followed my lead on that one. UBB...I'm tellin ya, I still think it's gonna be bought soon. Still holding off on mid-year options on TSP and TCS. Could get worse before it gets better...but I don't think much worse. If something were to happen to Cardoso though, the games over for now. If TBH hits 72 I will buy a bucket load of TBH puts to hedge my entire Brazil portfolio. sf