The bull is alive and well--and not just on Wall Street. With few exceptions, bourses from Brazil to Britain are enjoying themselves in 1997. Even Tokyo's slumbering stock market has come alive.

But how should you play the rally overseas? For some answers, BUSINESS WEEK sought out four savvy international money managers: Leah Zell of Chicago's Acorn International Fund, Nassau-based Mark G. Holowesko of Templeton Growth Fund, Mark L. Yockey of Artisan International Fund in San Francisco, and Bruce B. Bee, a small-capitalization-stock maven who is based in Denver. All are bulls on Europe. And many of the stocks they like can be purchased, in dollars, through Merrill Lynch, Charles Schwab, or other brokers that handle international equities.

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