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

To: Eric Shih who wrote (9916)	11/20/1998 6:02:00 AM
From: Tony van Werkhooven	Read Replies (1) \| Respond to of 22640

Eric- I received the following e-mail from e-trade, based on an inquiry. It looks like you have to wait a few days to see the cash credited to your account. I personally had a sufficient number of shares so that I did not have any partial shares. I checked my account yesterday and it appears e-trade handled the accounting correctly. -------------------- Thank you for choosing ETRADE. TBR has spun off into 12 separate companies. The correct holdings should now appear in your account positions screen and you may place a trade on them at any time. Here is a listing of each company and the rate: TSP 1.00, TCS .20, TNE 1.00, EMT 1.00, TCP .40, TSD .20, TMB .05, TSU .10, TND .05, TBE .02, TRO .3333, TCN .020. You may calculate the shares of TBR you held and multiply them by the rate provided to determine the number of new shares you own. Fractional shares are credited as cash in lieu and should appear in your account on November 24, 1998, where appropriate. The official record of your ETRADE holdings can be found under the My Account tab through the Account Balances, Accounts Positions and Account Activity links on the left side of the page. Also available under the My Account tab are the unofficial Unrealized Gains and Losses and Tax Records links. The Portfolio & Markets tab will provide you access to the customizable Portfolio Summary tool. Using the Portfolio Manager link you can add, delete, or modify the information on this screen at any time. Whenever you buy or sell, a stock or option through ETrade, we will automatically update these records. However, you will need to modify these records to reflect changes from a stock split, symbol change, mutual fund purchase, a transfer or deposit of shares into your account. The Portfolio Manager may be used to create new portfolios as well. If you would like to track stocks that you are speculating on, hold through a company stock purchase plan, hold at another brokerage account, or hold in certificate form, this can be a great tool. Note: Changes you make to your ETRADE Portfolio Summary are for tracking purposes only and will not affect your official records. Please be sure to refer to Account Positions for an official record of your holdings at ETRADE. For additional assistance, please contact us at 1-800-786-2575, Monday through Friday, from 8:00am to 9:00 EST or refer to the EStation Service Center or Learning Center Links. EStation provides detailed instructions, definitions, and services to assist you in navigating your ETRADE account. Sincerely, Sam D'Alessandro E*TRADE Customer Service ----------------- End of E-trade message Tony