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Gold/Mining/Energy : Windstar [WSRI], formerly Turtle Mountain
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To: Lee Bush who wrote (3)6/30/1997 1:05:00 PM
From: SnakeInATuxedo   of 148
 
That's how it would work all right, Mr. Bush. I'm reminded of the success the gang over at Thermo Electron has had spinning off their assorted and sundry subs to shareholders; we should only do so well. The market value of MXAM will certainly include the "marked to market" value of Turtle Mountain, and don't forget MXAM's holdings of IPMCF itself. If MXAM's management plays its cards right, the company will be a quasi-mutual fund for the rest of the DD's, as well as its own prospects.

Regards,
-Perk-
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