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


To: Steve Fancy who wrote (12270)1/22/1999 2:51:00 PM
From: steve kammerer  Read Replies (2) | Respond to of 22640
 
Activiy in TBR. Some of the posters on the Yahoo board think that owners TBR is getting a dividend of over $1.00 around now! Some of them are asking each other if they have gotten it yet. If what they say is true, they claim to be buying lots of TBR because "paying 1/8 or even 3/8 for a $1.00 dividend is a no brainer".
It sounds very logical except for the minor detail that I don't believe that its TBR that is getting the dividend.
stevek