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

To: Steve Fancy who wrote (1197)	3/12/1998 10:37:00 PM
From: Steve Fancy	Respond to of 22640

Brazil spells out rules for buyers of Telebras By William Schomberg BRASILIA, March 12 (Reuters) - Brazil spelled out the rules for how its telecommunications industry will be run after the privatization of Telebras (TEL_p.SA) when it released draft copies of concession contracts Thursday. biz.yahoo.com

To: Steve Fancy who wrote (1197)	3/12/1998 10:52:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 22640

ADR REPORT - Emerging market highlights - March 12 Reuters, Thursday, March 12, 1998 at 21:09 <snip> Brazilian ADRs were boosted by a rise in foreign reserves to $57.4 billion. The increase fed confidence in the reformist government's ability to maintain its foreign exchange policy. <snip>