Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.640

+8.8%

Dec 22 3:59 PM EST

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To: DMaA who wrote (369)	11/11/1997 2:54:00 PM
From: Steve Fancy	Read Replies (2) of 22640

David: You get an ADR (American Depository Receipt) and a wild ride. American Depository Receipt (ADR): A receipt for the shares of a foreign-based corporation held in the vault of a U.S. bank and entitling the shareholders to all dividends and capital gains. Instead of buying shares of foreign-based companies, shares can be bought in the U.S. in the form of an ADR. sf

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