Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.614

-15.9%

3:59 PM EST

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To: David Petty who wrote (11189)	1/5/1999 2:55:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Sorry David, I had to run out. Actually have the sun out here today...good day to run errands. I hear we have more snow coming in the next few days, with another storm Saturday I believe. I agree, my understanding is that all babies pay dividends. I'm curious if individually they pay more than the old TBR dividend, but not a real big deal for me. I was simply trying to understand the dividend per ADR and whether or not we would expect the other babies to make dividend announcements soon. I think I really confused this issue...sorry to mess up your lunch. The halt seemed quite unusual, but I see they have now opened it up and it's only down 1/4. I'm perusing for news now to see if it was something other than the dividend. I'm assuming the somewhat unexpected dividend news is responsible for lifting them all today, despite what appears to be lousy congressional news? sf

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