Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

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To: Bob Mehra who wrote (235)	9/4/1997 12:15:00 AM
From: chirodoc	of 22640

A few more details of recent posts------- <<Can anyone explain the abstract of the following article?>> i am not great with options....please ask someone else..maybe go to the options post, i think SI has one. Brazil stocks rise after Telebras options sale: Brazilian stocks were up 1.34 percent by midafternoon Wednesday, as market players reacted favorably to the government's sale of Telebras (TEL_P.SA) put options at a 5.1 percent premium, brokers and traders said. - Sep 03 2:49 PM EDT ADR REPORT - Telmex heads ADRs higher: Telefonos de Mexico (TMX1.MX) headed a rise in American Depositary Receipts (ADRs) Wednesday, boosted by stronger U.S. and Asian markets. - Sep 03 1:57 PM EDT RESEARCH ALERT - Telebras upgraded: Morgan Stanley Dean Witter said Wednesday it had upgraded Telebras (TEL.SA) to strong buy from outperform. ...looks like things are looking up on wall street, the foreign telecoms, and the asean countries (this may be the lull before the storm in pacific rim).

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