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

To: Steve Fancy who wrote (12252)	1/22/1999 1:09:00 PM
From: md1derful	Read Replies (2) \| Respond to of 22640

SF: I don't know Steve...it seems to me that all the big time risk is out of the stock now....we just grind down to some base, sit there a while and then move up..sort of like the stock action after a big gap downward..if I'm right, then it seems to me that one of the first places you'll see the loss of volatility is in the option premiums. I just can't see what is out there now, which would cause us to deflate rapidly, thus I can't see the need to sit on time wasting options at this point, in fact now may be an even better time to do some put shorting..I'm may be all wrong here, but it's just a feeling..feeeeellllinnngggs, nothing more than.....