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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (69800)	11/3/1999 11:05:00 AM
From: Ellen	Read Replies (1) of 90042

Saw something up with WORK. Huge volume increase. Found this: Tuesday November 2, 11:47 am Eastern Time Workflow plans spin-off of printing services unit PALM BEACH, Fla., Nov 2 (Reuters) - Workflow Management Inc. (NasdaqNM:WORK - news) said on Tuesday it planned to spin-off its iGetSmart.com Inc. unit, which provides electronic commerce services for printing companies, in an initial public offering. The company, which outsources purchasing and other management for businesses, also signed a deal for iGetSmart.com to be designated as the preferred provider for business printing needs on PurchasePro.com Inc.'s (NasdaqNM:PPRO - news) business network. PurchasePro.com, which earlier announced its chairman and chief executive planned to buy up to $1 million worth of the company's stock for himself, was up 14 at 54-1/8 in Tuesday morning trading on the Nasdaq stock market. A representative for Workflow was not immediately available to comment on the financial terms of the PurchasePro.com deal, which both companies expect to lead to increased revenues. Workflow's shares were up 1 at 14, also on Nasdaq. More Quotes and News: PurchasePro Com Inc (NasdaqNM:PPRO - news) Workflow Management, Inc (NasdaqNM:WORK - news) Related News Categories: US Market News MSGI still going...

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