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Non-Tech : CompUSA (CPU)

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To: Hank who wrote (1629)3/12/1999 3:14:00 PM
From: Michael   of 3187
 
What exactly does "spin-off" mean? Is it a company wholly owned by CPU (my guess)? Or will we current shareholders receive shares in CPU Direct? Or will there be an IPO. Since we haven't heard anything, I think it must be the first.
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