Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Steve Fancy who wrote (1337)	3/26/1998 6:39:00 PM
From: Steve Fancy	Read Replies (2) \| Respond to of 22640

Probably jumping the gun, but I sent the following to the CBOE today...will post any response. sf ========================================== Hello CBOE, I am an active trader of options on Telebras ADR's. I was informed by Telebras today that ADR holders will receive shares in 12 different companies. Can you shed any light on how options will be handled? Will I end up with 12 sets of options? Assuming 12 sets of options, has a precedent been set or can you speculate what may happen if some of the new TBR subsidiaries don't offer options? I appreciate your time and look forward to your response. Steve Fancy <smfmlf@centuryinter.net>