Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.435

+8.7%

Jan 2 9:30 AM EST

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To: kennny who wrote (9829)	11/18/1998 4:41:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Welcome Ken. TBR is the residual company remaining from the spin-offs. Listed only till they liquidate the company. The company continues to hold assets that were not distributed to any of the babies and have yet to be defined...at least here. I have not idea what ultimately happens, but I would assume TBR holders will ultimately be cashed out. Steve K or Armin may be able to expand on or clarify this. sf

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