Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.200

+2.6%

Oct 30 3:59 PM EDT

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To: md1derful who wrote (22597)	8/2/2002 7:32:46 PM
From: steve kammerer	Read Replies (1) of 22640

Doc, Do you still own EMT? It's gone from around $5 to $0.55 in a very short time. Worldcomm seems to own a chunk of it. Suppossedly EMT has a book value of $9.32/share according to S&P Reports "Snapshot". If Worldcomm has to sell the part of EMT that they own don't we still retain our ownership no matter what bankruptcy Worldcomm goes through? I bought a couple of thousand shares today thinking it would be a decent crapshoot to see what happens and average down. I think one of the missing pieces for me is the outstanding debt of EMT. Maybe it is much larger than $9.32/share. WHERE'S STEVE FANCY WHEN YOU NEED HIM! Doc, what's your take on this. stevek

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