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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.429+3.1%Jan 30 9:30 AM EST

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To: DAY TRADER who wrote (43)7/9/1997 11:18:00 AM
From: David R. Doerr   of 22640
 
A day spread of 8 points already today means that you should be in hogs heaven on this one Day Trader! Privatizaiton means only good things for the stock. Alliance has a mutual fund specializing in privatization. The government wants to make sure the public is not getting a bad deal when offing the company, so they typically go to market below the market value. Also, anytime the government gets their hands out of a business, that means more money to the bottom line for shareholders.
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