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

To: David Petty who wrote (11198)1/5/1999 3:44:00 PM
From: Steve Fancy  Respond to of 22640
 
Two million shares of TSU? My broker says a cash trade...what is going on?

sf



To: David Petty who wrote (11198)1/5/1999 3:45:00 PM
From: Steve Fancy  Respond to of 22640
 
Broker showing huge cash trade on TSP. Can't even determine the size of the block.

sf



To: David Petty who wrote (11198)1/5/1999 3:49:00 PM
From: Steve Fancy  Read Replies (4) | Respond to of 22640
 
David, what's happening? Look at volume on TSD and TSU also. My broker says huge blocks of cash trades which apparently have to settle today. He's trying to find out what's going on.

ANYBODY????

SF



To: David Petty who wrote (11198)1/5/1999 4:09:00 PM
From: Steve Fancy  Read Replies (2) | Respond to of 22640
 
Well, I threw a careless order out there for some TSP April 25C but doesn't look like it filled. PW's international desk didn't seem to have a clue either. A rash of huge block cash trades in the last 30 minutes on four of the babies. Somebody putting up huge cash and wanted the trades settled today. They came, then they stopped....really wierd. Never seen anything like it.

Any ideas?

sf


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