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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.896-0.9%Nov 21 9:30 AM EST

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To: Steve Fancy who wrote (6298)8/4/1998 4:37:00 PM
From: Steve Fancy  Read Replies (2) of 22640
 
TBH suddenly selling at a discount to TBR. Seemed to be rush of selling just before 4:00 on TBH...almost as if some kind of news had hit specific to TBH. Current bids...

TBR 109 3/8 x 109 15/16...last 109 5/8 at 16:21
TBH 107 1/2 x 109 1/16...last 109.5 at 16:25

...just a fluke or Merrill scam of the year?

sf
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