Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.956

-0.1%

Nov 25 3:59 PM EST

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To: Bob Mehra who wrote (11970)	1/18/1999 4:36:00 PM
From: Steve Fancy	of 22640

Bob, looks like RCTB40 (TBH preferred share basket equivalent in Brazil) closed at R$105.5 on the Bovespa...up 6.9%. Based on the unconfirmed closing exchange rate (1.59) that would equal US$66.35. Don't know how much we can really tell from this. sf

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