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


To: Steve Fancy who wrote (1524)4/8/1998 2:32:00 PM
From: Mike  Respond to of 22640
 
Yes I trade locally. Cesp,Eletrobras,TBR,Siderurgica Tubarao,Siderurgica Nacional, Vale,Ericsson, etc. - mostly the highly liquid equities. Once in a while I get over optimistic and get into options (call), this month - ouch!

None of the "New" wireless companies are being traded. I will try and get a date for you.

In the "o Globo" newspaper this morning, Miriam Leitao the Economic editor came out with a piece of news where the Goverment is planning to suspend the current limitations(49%)on foreign capital investments for privatization, as long as the interested companies are established in Brasil.
Lastly, seems as though the split up may be in May. Where one TBR share would equal a basket of the new Babybrases.

Mike