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Strategies & Market Trends : Trader J's Inner Circle
NVDA 183.78-0.6%Dec 10 3:59 PM EST

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To: DM who wrote (3022)1/2/1999 12:41:00 PM
From: Cookie Monster   of 56535
 
RE: Companies Launching An IPO (DM)

The value of a company, such as NAVR, launching an IPO is in the fact that the Parent company usually still ownes a large chunk of the stock in their new spinoff. Just as MALL owned a large chunk of UBID. When the new Internet IPO spinoff takes off and runs to obscene prices, the parent company is all of a sudden worth a lot more money.

Later,
CM
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