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

To: Mike who wrote (1540)4/8/1998 3:23:00 PM
From: Steve Fancy  Read Replies (2) | Respond to of 22640
 
Mike, one more question and I'll lay back for a while...I'm cranking on 16 cylinders today I'm afraid.

Do you see the short term potential of TBR in the other stocks you follow. Have you considered starting a thread? I'd be interested in discussion and your views. I hate to cludge this thead to much with non TBR related material...too much TBR material to discuss, especially as the sell off draws closer, and it can get lost easily amongst hundreds of posts.

Thanks again for your input.

sf



To: Mike who wrote (1540)4/8/1998 4:53:00 PM
From: Steve Fancy  Read Replies (2) | Respond to of 22640
 
Wonder what these are for...the actual final 12 companies? What advantage is their to converting...if we can. Does this allow them to be traded individually? What is the advantage?

The spokesman said investors, starting immediately, may convert shares into the new receipts or continue trading preferred and common stock as usual. ''The receipts are just an option in the market,'' he said.

sf


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