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


To: Tony van Werkhooven who wrote (9835)11/18/1998 5:14:00 PM
From: Steve Fancy  Respond to of 22640
 
Here's some information from CBOE regarding the spinoffs and TBR options FWIW.

cboe.com

sf



To: Tony van Werkhooven who wrote (9835)11/18/1998 5:17:00 PM
From: Steve Fancy  Respond to of 22640
 
Tony, regarding the tax questions and the conversions, I won't be much help in that I'm all options and converted all relatives to TBH last Friday. Anyone else out there who held TBR?

sf



To: Tony van Werkhooven who wrote (9835)11/18/1998 6:14:00 PM
From: David Petty  Read Replies (5) | Respond to of 22640
 
They are suppose to show up in accounts tomorrow (according to Bank of New York and Schwab).
You are right, it is kinda of scary to see your account with a value of 1/16th per share for something that was 87 5/16 the night before