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To: Carl Worth who wrote (35948)	12/24/2003 10:18:27 AM
From: Spekulatius	Respond to of 118717

Re TZA from the yahoo board: finance.messages.yahoo.com It seems to me that that TZA'a majority owners (Mr. Salinas) investment company Codisco stepped in as a middleman in a debt buyback for Unefon (TZA owns a stake in it) and pocketed 220M $. Cool for Mr. Salinas but not that cool for Unefon's shareholders, which could have gotten the debt for a big discount if Mr. Salinas had not stepped in. Those dealings are A big red flag, IMO.

To: Carl Worth who wrote (35948)	12/24/2003 11:06:09 AM
From: Dale Baker	Read Replies (2) \| Respond to of 118717

I sold half my TZA from $8 and kept the rest. It's a muddled situation - I would love to see Salinas get fired and sued for restitution. Don't know if that will happen. Unefon is a 46.5% holding for TZA and not consolidated on their books. So the money Salinas stole doesn't come off the TZA balance sheet. OTOH, if Salinas sticks around, we have a smelly fish at the top of a good company. I am interested enough to keep a small lot and watch events as they unfold.