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

To: Bhag Karamchandani who wrote (6229)	8/2/1998 6:36:00 AM
From: Tony van Werkhooven	Respond to of 22640

Acording to the Barron's article, if we impute the values paid in the auction to the ADR, it would result in a very hypothetical value of 295 per ADR. I would like to raise a question that was previously raised on this thread. If it was answered, I apologize, but I did not have time to read all the posts last week. Question- Misc residual assets owned by TBR- what happens to them? Cash? Telecom Portugal? Other? Should we expect a future divd payment to account for these items. If so, does the company plan to monetize all such residual assets? Tony