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

To: Steve Fancy who wrote (11726)	1/14/1999 6:05:00 PM
From: Tony van Werkhooven	Read Replies (1) \| Respond to of 22640

Steve- Re: your post on TNE - G-S had target of 45 for yearend '99. ( We can look at this target with a sense of humor at this point) Both TNE and UBB seem cheap by all measures. The problem is that they keep getting cheaper. We probably should be looking at SE asia for analogies- although the underlying issues are very different. There were two big selloffs, with a semi-recovery in between. At this point, I think it is to early to buy. Tony

To: Steve Fancy who wrote (11726)	1/17/1999 6:24:00 PM
From: posjim	Respond to of 22640

thanks for your post, Steve. I did not see your return post, thanks. My TNE that I bought for 8 and 7/16 was sold at 10 1/2 for 2 quick points to help me with a extra dividend...on holding other positions in the 12, 15, 17 area. I was very impressed with the 15 points in TBH.. Seems to be a lot of confusion around the world as to how Brazil will do this coming week. I expect to trade around my core positions again, and hope to post timely info. Thanks again! Jim p.s. I am shocked that the Jets are doing as well as they are!!!