Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.550

+2.8%

Jan 9 9:30 AM EST

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To: RockyBalboa who wrote (9863)	11/18/1998 8:45:00 PM
From: steve kammerer	Read Replies (1) of 22640

Quick question concerning the TBR stubs. Is it possible that the TBH and RTBs do not take part in any residual? TBH was strictly defined as the 12 baby BRAs. If true, this would make the remaining TBR stubs being worth more on a per share basis. A previous post by SF said that there was approx $350 million in cash + some buildings. Any idea how many remaining TBR shares and similar ones trading in Brazil? Just a thought. I would like to help our new list member to recoup his $.75/sh TBR purchase. :>) SteveK

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