PLFM - Undervalued with great potential Message Board

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Microcap & Penny Stocks : PLFM - Undervalued with great potential

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To: Robin Breese who wrote (3864)	7/29/1998 9:31:00 AM
From: Mags	Read Replies (1) of 9096

Early results of auction RIO DE JANEIRO, July 29 (Reuters) - A group led by Spain's Telef¢nica de Espa¤a and Banco Bilbao Vizcaya won the bidding for Telesp <TLSP3.SA><TLSP4.SA>, a fixed-line subsidiary of Brazilian telephone company Telebras, a Rio bolsa official said on Wednesday. The group, using the name Telebrasil Sul Participacoes, offered 5.783 billion reais for a controlling stake in Telesp, 64.28 percent above the asking price, the official said. For related news, double click on one of the following codes: [M] [T] [E] [D] [U] [NAT] [SUR] [BR] [LDC] [EMRG] [TEL] [HOT] [US] [STX] [ISU] [LEN] [RTRS] [ES] [BNK] [TEF.MC\c] [BBV.MC\c] [TLSP3.SA\c] [TLSP4.SA\c] [TBR.N\c] For related price quotes, double click on one of the following codes: <TEF.MC> <BBV.MC> <TLSP3.SA> <TLSP4.SA> <TBR.N> Wednesday, 29 July 1998 09:13:02 RTRS [nN2931398] MORE

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