Tokyo Joe's Cafe / Societe Anonyme Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: NASDBULL who wrote (8136)	7/29/1998 3:49:00 PM
From: BRANDYBGOOD	Read Replies (1) of 8798

PLFM is anyone her in this one? I just got in at .75 the it's at .84 x .86 and climbing. They are affiliated with Telefonica de Espana who just won the bid for Telebras cellular division. All ADR'S who won Telebras bids are up. Check this out: (COMTEX) B: Brazilian government pleased with Telebras sale B: Brazilian government pleased with Telebras sale RIO DE JANEIRO, July 29 (AFP) - Brazilian government officials on Wednesday applauded the sale of the national telecom giant Telebras for close to 19 billion dollars. The winning bids for the company's 12 holdings were 63.74 percent higher than the minimum bid set at 11.7 billion dollars and easily surpassed Brasilia's expectation of 13.7 billion dollars, Communications Minister Luis Carlos Mendonca said. Renato Guerreiro, director of the National Telecommunications Agency (Anatel), said that the sale of just three land line holdings -- Telesp, Tele Centro Sul and Tele Norte Leste -- and the long distance branch Embratel fetched 12 billion dollars. Guerreiro said that some 400 government attorneys had fought off efforts by privatization opponents to block the sale in court, and that the auction began as scheduled at 10 a.m. (1300 GMT). A Spanish-led consortium got the most coveted of the 12 holdings. The consortium led by Telefonica de Espana put the winning, 4.98-billion-dollar bid for Telesp, the largest land line holding in Brazil. Telesp covers the network in Sao Paolo state, which includes 5.6 million terminals and a waiting list of 6.7 million customers.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next