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

To: Steve Fancy who wrote (1456)	4/4/1998 6:59:00 PM
From: Mayer Tchelebon	Read Replies (1) \| Respond to of 22640

>>"I can't ever seem to find the stuff that Mayer posts" You may wish to bookmark agestado.com This is Brazil Financial Wire. You need to register to view the articles (free). During market hours you get market update (delayed 1-2 hours) and business/government news as they occur. Sometimes you get the news there sooner than from other sources. Happy surfing!

To: Steve Fancy who wrote (1456)	4/6/1998 2:49:00 PM
From: Steve Fancy	Respond to of 22640

Brazil shrs seen firm on world calm, eyes on rates SAO PAULO, April 6 (Reuters) - Brazilian stocks were seen opening firm Monday on Asia's overnight calm, but last week's fresh outbreak of Far East jitters was apt to keep the local market keyed to domestic interest rate futures, brokers said. ''We could open better today but it will really depend on interest rate futures,'' said a trader at local Crefisul brokerage. ''There is a lot of nervousness about rates.'' biz.yahoo.com

To: Steve Fancy who wrote (1456)	4/6/1998 2:55:00 PM
From: Steve Fancy	Respond to of 22640

Brazil Telebras (SAO:TEL_.P) says to list all spinoffs Reuters, Monday, April 06, 1998 at 10:58 SAO PAULO, April 6 (Reuters) - Brazilian federal telecoms holding Telebras (SAO:TEL_.P) (NYSE:TBR) said Monday it plans to list on the stock market all companies created from its pre-privatization split-up later this year. Brazil's government plans to split Telebras into eight cellular phone firms, three wireline holding companies and a long-distance carrier ahead of its selloff, tentatively scheduled for June or July. The statement also said Telebras was maintaining "close contact" with the bolsa as well as Brazilian and United States regulatory bodies as it seeks approval of its break-up and sale process. Telebras officials met last week with bolsa officials to discuss the company's break-up plans, it said. On Friday, talk that the company would be liquidated by the end of April sparked a sharp selloff in Telebras. The rumors were quickly denied by the company. In its statement, Telebras also reaffirmed its promise to keep the market "adequately informed" of its plans. Company officials also met with Rio de Janeiro stock officials and were slated Monday to meet with officials at the New York Stock Exchange. james.craig@reuters.com)) Copyright 1998, Reuters News Service