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


To: Steve Fancy who wrote (1349)3/30/1998 1:34:00 PM
From: Mayer Tchelebon  Read Replies (1) | Respond to of 22640
 
Probably just some good old-fashioned profit-taking (went straight up from 115 to 135 in a short timeframe).

As far as the auctions, I thought they were talking about the various parts of TBR (both fixed and mobile), but I am not certain. The government owns a portion of each of the pieces, soon to be 12 separate companies.