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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (466)	12/1/1997 12:36:00 PM
From: Steve Fancy	Respond to of 22640

Brazil to up tax on fixed income investment-report SAO PAULO, Dec 1 (Reuters) - Brazil's income tax rate on gross profits from fixed income investments will rise next year to 22 percent, up 46.7 percent from the current rate of 15 percent, Folha de S. Paulo newspaper said Monday. biz.yahoo.com

To: Steve Fancy who wrote (466)	12/1/1997 12:40:00 PM
From: Steve Fancy	Respond to of 22640

Brazil's Motta still in hospital, condition good SAO PAULO, Dec 1 (Reuters) - Communications Minister Sergio Motta, who oversees Brazil's multibillion dollar telephone privatization drive, was in good condition Monday after being rushed to hospital last week with fever and breathing trouble, officials said. biz.yahoo.com

To: Steve Fancy who wrote (466)	12/1/1997 12:45:00 PM
From: Steve Fancy	Respond to of 22640

INTERVIEW- Cardoso says committed to budget cuts By Adrian Dickson SAO PAULO, Dec 1 (Reuters) - Brazilian President Fernando Henrique Cardoso said a deal cut with lawmakers last week would not diminish the $20 billion belt-tightening impact of a planned fiscal adjustment package. biz.yahoo.com

To: Steve Fancy who wrote (466)	12/1/1997 12:50:00 PM
From: Steve Fancy	Respond to of 22640

Brazil fiscal plan still seen potent after deal By John Miller SAO PAULO, Dec 1 (Reuters) - A deal announced late last week to smooth passage of Brazil's tough austerity plan in Congress does not weaken its budget-savings bite, economists said Monday. biz.yahoo.com

To: Steve Fancy who wrote (466)	12/1/1997 6:28:00 PM
From: Weekapaug	Read Replies (1) \| Respond to of 22640

Steve, As I get blown away and you clean-up. I took seriouly what you had said about someone selling puts. Last minute surge? Does that mean we're in for more tomorrow? It seems volume was on the light side? If my thoughts are correct? There was alot of PUT buying, not selling, or call writting, (like me) and the market maker is pushing it up? Gotta takeout those not believers who think it can come back as fast as it is Touche' you win round one! Actually I think you'll win your put writting of 95's. But, as you say don't break your rules and go for the kill, you'll get burnt. Must come from experience? Best Regards Ken