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


To: Oracle who wrote (6324)8/5/1998 10:44:00 AM
From: Steve Fancy  Respond to of 22640
 
On options exercise, I agree. Seems that TBR and TBH are totally separate identities. I would think exercise of options would include the delivery of any listed spin-offs, and any remaining stub. Still think TBR options will likely trade off of some kind of index of listed + stub.

sf