Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.507

+0.4%

Jan 6 3:59 PM EST

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To: Steve Fancy who wrote (654)	1/6/1998 5:09:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Brazil details cuts to 1998 state company budgets BRASILIA, Jan 6 (Reuters) - A 3.06-billion-reais ($2.78-billion) cut in the 1998 budgets of Brazilian state firms will fall mostly on telecommunications holding Telebras (TEL_p.SA)(NYSE:TBR - news; TEL.SA) and petroleum giant Petrobras (PET.SA), Planning Minister Antonio Kandir said Tuesday. biz.yahoo.com

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